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Nov 5, 2012
11/12
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that is also giving us cause second month. that is also giving us cause for second month. that is also giving us cause for concern, second month. that is also giving us cause for concern, i think. a city financier who conned investors out of a total of £32 million in a so—called pongs the scheme has been jailed for 13 years at seven crown court. nicholas levine from north london took investors‘ money to buy shares on their behalf but spent it on yachts and luxury cars. let‘s have a quick look at how the equities are faring. as we can see, in europe, they finished in a sea of red. and surprisingly, the madrid market down after shocking employment data came at —— unsurprising lee. let‘s catch up with some weather. it is certainly chilly out there and ifany it is certainly chilly out there and if any of you want to head out your fireworks display you will probably enjoy the warm glow of the fire, because these are some of the temperatures in the past hour. inverness is down to two degrees. for football fans, west brom again southampton, if you‘re heading to the
that is also giving us cause second month. that is also giving us cause for second month. that is also giving us cause for concern, second month. that is also giving us cause for concern, i think. a city financier who conned investors out of a total of £32 million in a so—called pongs the scheme has been jailed for 13 years at seven crown court. nicholas levine from north london took investors‘ money to buy shares on their behalf but spent it on yachts and luxury cars. let‘s have a quick...
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Nov 5, 2012
11/12
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us as well. it's expected this market is going to stand and wait to see what the election results are going to be like for tomorrow, right? >> hey, it's human nature. i mean, people have been paralyzed with all these horror stories about fiscal cliffs and the end of the dollar and the end of america. so, when in doubt, do nothing. hide your cash, sit on the sidelines. but i think there's going to be a big plunger effect that could really unleash tidal waves of money as people start to see maybe there's some wonderful surprises, some electoral surprises that just aren't popular right now. >> what are you suggesting? >> i don't know. this nose does more than hold this mustache and glasses and i think it might be a electoral surprise for mr. romney. if that's the case -- >> you think romney wins -- >> i do. >> -- that will be a surprise and this market rallies on that win? >> i think the market rallies big. there will be a lot of money in motion. people will be moving on with decision-making. there'
us as well. it's expected this market is going to stand and wait to see what the election results are going to be like for tomorrow, right? >> hey, it's human nature. i mean, people have been paralyzed with all these horror stories about fiscal cliffs and the end of the dollar and the end of america. so, when in doubt, do nothing. hide your cash, sit on the sidelines. but i think there's going to be a big plunger effect that could really unleash tidal waves of money as people start to see...
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Nov 6, 2012
11/12
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abilitily behind us. right. today's move in the market, do you believe it? there is some confirmation from the transports but at the same time, the volume isn't quite what i think some people would like to see. what's your read on it? >> actually, volume's a little bit lower than yesterday by about, i would say 30 to 50 million. it clearly looks like a reflation play. if you look at gold and you look at oil and you look at several of the commodities, you could say the dollar is weak but not as weak as indicated. >> percentage based? >> yeah. i think it is suspect. on election day i have been going through these for 50 years there are always whacky rumors, there was a broken machine and when they went to fix it so-and-so was ahead eight times. you know, they are never, ever true but markets move on them. >> sure do thanks, old friend. good to see you, arthur, as always. art carbon. >>> big week for media earnings, discovery and liberty media already out. rupert murdock's news corp reports after the bell, d
abilitily behind us. right. today's move in the market, do you believe it? there is some confirmation from the transports but at the same time, the volume isn't quite what i think some people would like to see. what's your read on it? >> actually, volume's a little bit lower than yesterday by about, i would say 30 to 50 million. it clearly looks like a reflation play. if you look at gold and you look at oil and you look at several of the commodities, you could say the dollar is weak but...
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Nov 5, 2012
11/12
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i want to use the same stuff the big guys use. ishares. 9 out of 10 large, professional investors choose ishares for their etfs. introducing the ishares core, etfs for the heart of your portfolio. tax efficient and low cost building blocks to help you keep more of what you earn. call your advisor. visit ishares.com. ishares. yeah, ishares. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. >>> enormous gasoline lines in the new york area a common sight a week after saentd struck the region. with so many gasoline storage facilities offline, it's unclear how long this gas crisis could go on. kate kelly has the latest on the refueling efforts. kate? >> maria, activity is picking up at the new star truck rack behind me. 15 to 20 tankers have come for resupply today, waiting for fuel bays because all of them are new. new star like many competitors in the new jersey gas network have had a long last week. they're fig
i want to use the same stuff the big guys use. ishares. 9 out of 10 large, professional investors choose ishares for their etfs. introducing the ishares core, etfs for the heart of your portfolio. tax efficient and low cost building blocks to help you keep more of what you earn. call your advisor. visit ishares.com. ishares. yeah, ishares. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully...
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Nov 7, 2012
11/12
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thanks for joining us. your thoughts on what has happened in virginia and throughout the country so far. we are neck and neck in terms of electoral votes. 162 for the president and governor romney. >> i never thought it would be anything other than just as you described it. very close and very tight. i expect the president to win. i hope he does. i think that will change. as a matter of fact, i bet a penny before i came home to say that he would change. around the country, i would be surprised if romney carried all of those swing states that have been described just now. i see obama winning the election. i hope that virginia is in the winning column with him. i think a lot of people feel like i did when i feeted for him. he needs a second term to prove what he has started and that he can improv upon it. but he can't do it unless he's there. things are so bad in this country. to trust it to someone who does not have the experience to spend four years learning the job or even two years is too much time. >> go
thanks for joining us. your thoughts on what has happened in virginia and throughout the country so far. we are neck and neck in terms of electoral votes. 162 for the president and governor romney. >> i never thought it would be anything other than just as you described it. very close and very tight. i expect the president to win. i hope he does. i think that will change. as a matter of fact, i bet a penny before i came home to say that he would change. around the country, i would be...
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Nov 27, 2012
11/12
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us out of it? >> politicians by nature don't take action until they are backed in a corner with the gun to their head. right knew in the correspondent the gun's loaded. >> recessionary gun. >> resessionnary gun. we as the american public are fools if we would elect, re-elect anybody that sat there and watched this thing go over the cliff. the bigger issue, we are in a slow growth/no growth economy, even after we solve that what are we going to do too move this economy forward? >> what are you advising your clients to do with their money? >> one, a little bit on the conservative side, a normal account would be 50% stocks, 50% bonds, we may be about 40/60, i'm very concerned about the bond market at this point over time. >> treasury, corporates. >> wither in corps pratt, also in some alternative oriented things. secondly, i think we are in a market it makes sense to produce income. if the dow at 13, 14,000 now and 13, 14,000 in three years which could be the situation in a muddling along economy what
us out of it? >> politicians by nature don't take action until they are backed in a corner with the gun to their head. right knew in the correspondent the gun's loaded. >> recessionary gun. >> resessionnary gun. we as the american public are fools if we would elect, re-elect anybody that sat there and watched this thing go over the cliff. the bigger issue, we are in a slow growth/no growth economy, even after we solve that what are we going to do too move this economy forward?...
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Nov 7, 2012
11/12
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that does it for us today. make sure to join us tomorrow. right now it's time for "squawk on the street." >> whether i earned your vote or not, i have listened to you. i have learned from you. you have made me a better president. with your stories and your struggles, i return to the white house more determined and more inspired than ever about the work there is to do and the future that lies ahead. >> president obama wins a second term in the white house but of course now the hard part begins. can he and congress agree on how to avoid the fiscal cliff just 54 days from now? good morning. welcome to "squawk on the street." i'm carl quintanilla with melissa lee, jim cramer, david faber. as you can see once again, down triple digits. a lot of news out of europe today as attention turns to greece and parliamentary vote there regarding austerity measures later on. democrats gaining seats in the senate. republicans maintaining control of the house. >> the issues that were a tossup are now certainties. we'll get cramer's take on how to align your p
that does it for us today. make sure to join us tomorrow. right now it's time for "squawk on the street." >> whether i earned your vote or not, i have listened to you. i have learned from you. you have made me a better president. with your stories and your struggles, i return to the white house more determined and more inspired than ever about the work there is to do and the future that lies ahead. >> president obama wins a second term in the white house but of course now...
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Nov 7, 2012
11/12
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thanks for joining us. >> very close night as we expected. so far we're talking 82 electoral votes for governor romney versus 64 for president obama. once we know the winner the work begins. who is better at handling the biggest issue that we face over the near term? the fiscal cliff? >> i think it's even steven. neither candidate has offered to cut anything. i think spending is a problem. i think the way we budget our money is a problem. this baseline budgeting is just horrible and they don't talk about that. they talk about the programs they want to keep. i think it would be even. i wouldn't expect a whole lot of difference. there will be a little benefit with romney on maybe getting taxes cut. and maybe less war with obama. but neither one is assured it. we heard promises so often over the years of the dramatic difference and this is a crucial election. that has been burnt out on that over many decades because we have elections and policies continue exactly the same way. government gets bigger. debt gets
thanks for joining us. >> very close night as we expected. so far we're talking 82 electoral votes for governor romney versus 64 for president obama. once we know the winner the work begins. who is better at handling the biggest issue that we face over the near term? the fiscal cliff? >> i think it's even steven. neither candidate has offered to cut anything. i think spending is a problem. i think the way we budget our money is a problem. this baseline budgeting is just horrible and...
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Nov 6, 2012
11/12
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depends on which model you're using. the 2008 model which would give democrats plus 7 or 8 in every single poll in this nonsense or the 2004 model which is even steven or the 2010 model which is plus republicans. but what about a group -- we had ralph reid on this show friday evening. he talked about how evangelical christians are mobilizing in ways we haven't seen in years. how can you be sure that group and other important groups have so much enthusiasm they're not going to come out and vote for romn romney? >> i didn't say i was sure, i said there's indications we can look at the deficit that rom has. jedediah's point, i'm not afraid, i don't feel afraid, but we could talk tomorrow and the next day and see where the fear leads. i think the policemen for mitt romney is not in messaging. jedediah gives the romney message better than he does with regard to -- i don't mean that sarcastically. you sound strong, you're making a clear argument about why you feel some of these things have been tried and failed. i think for mi
depends on which model you're using. the 2008 model which would give democrats plus 7 or 8 in every single poll in this nonsense or the 2004 model which is even steven or the 2010 model which is plus republicans. but what about a group -- we had ralph reid on this show friday evening. he talked about how evangelical christians are mobilizing in ways we haven't seen in years. how can you be sure that group and other important groups have so much enthusiasm they're not going to come out and vote...
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Nov 5, 2012
11/12
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using it domestically it using is optimally. there, occasions when we move the aircraft around for maintenance work. generally we'll be flying this aircraft off of the west coast out of chicago, out of houston, off of the east coast, really long haul missions. >> it will be adding new routes for the 787 dreamliner. as you look at shares of united today, shares are up along with a number of the other airlines as they recover from last week. bottom line is this -- it is roomier, it is brighter inside the dreamliner. yes, it is a different flying experience. we'll see what people think over time, though. >> two questions, phil. did you really love it as compared with a conventional aircraft, number one. number two, did they charge a premium price for this first flight or not? >> no, there a was not a premium price. most of those seats involved were taken up by employees for united, as well as journalists like myself. there were some paying passengers. aviation buffs flew to houston so they could be part of this first flight. what w
using it domestically it using is optimally. there, occasions when we move the aircraft around for maintenance work. generally we'll be flying this aircraft off of the west coast out of chicago, out of houston, off of the east coast, really long haul missions. >> it will be adding new routes for the 787 dreamliner. as you look at shares of united today, shares are up along with a number of the other airlines as they recover from last week. bottom line is this -- it is roomier, it is...
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Nov 6, 2012
11/12
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joining us live is iowa governor terry branstad. thanks for joining us. it is great because in the last couple of elections before 2008 it was so close. bush won by less than a percentage point. the first bush election gore won by .3 point. but then the president who has a love fair with iowa won by nine points. what are the prospects for tonight? >> it will be a close race but i think a lot are disappointed and feel betrayed by obama because we launched him and he came here and said he would reunite the country. it was all about hope and change and how he would bring us together. instead it has been about blaming others and attacking other people and a trillion dollar deficit every year he was president. obama care is unaffordable. iowa straightened up a financial mess in the state and they will vote for mitt romney because they feel he can bring fram spending under control. i believe he will win the state. it will be close. obama has put a lot of energy and a lot of time here but he just doesn't have the enthusiasm that i see for romney. romney is reall
joining us live is iowa governor terry branstad. thanks for joining us. it is great because in the last couple of elections before 2008 it was so close. bush won by less than a percentage point. the first bush election gore won by .3 point. but then the president who has a love fair with iowa won by nine points. what are the prospects for tonight? >> it will be a close race but i think a lot are disappointed and feel betrayed by obama because we launched him and he came here and said he...
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Nov 2, 2012
11/12
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all three of those could have been used for recovery efforts. well, it exploded on twitter and facebook and eventually public figures came and spoke out against this. this afternoon, later in the day there were meetings and major bloomberg, canceled, didn't postpone but canceled the marathon. here are some of the statements from the mayor's office. while holding the race would not require diverting resources from the recovery effort it is clear it has become the source of controversy and division. we cannot allow a controversy over an athletic event to december tract attention away from the critically important work being done to recover from the storm and get our city back an track. the people of staten island, one of the hardest hit places in the entire country from sandy, there was relief and emotion. >> thank god. my reaction is, i've been coming to realize that these resources are going to be needed where it's truly needed. >> reporter: the bottom line is the mayor knew there was 350 million in economic benefit to the race, and also thousan
all three of those could have been used for recovery efforts. well, it exploded on twitter and facebook and eventually public figures came and spoke out against this. this afternoon, later in the day there were meetings and major bloomberg, canceled, didn't postpone but canceled the marathon. here are some of the statements from the mayor's office. while holding the race would not require diverting resources from the recovery effort it is clear it has become the source of controversy and...
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Nov 7, 2012
11/12
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scott, what can you tell us? >> reporter: first of all when ohio is the state that put romney over the top as many suggested, you get the reaction from the very pro-obama crowd here. but let me take you through what the issue is with ohio and why, perhaps, the romney camp is not conceding it yet. the two candidates with the raw vote totals now, about 75% of the raw votes in, separated by about 30,000 votes. that's not enough when you start figuring in the provisional ballots. remember we talked about 200,000 provisional votes that -- provisional votes likely to be counted. they start count of that in ten days. here's the thing the obama camp may have going for it. the results that we're still waiting for are largely from the urban areas where obama was running strong. hyahoga county near the cleveland area, the cincinnati area. these are the areas where we would expect that as the returns come in president obama would run strong and perhaps overcome anything that romney could make up with the provisional ballots.
scott, what can you tell us? >> reporter: first of all when ohio is the state that put romney over the top as many suggested, you get the reaction from the very pro-obama crowd here. but let me take you through what the issue is with ohio and why, perhaps, the romney camp is not conceding it yet. the two candidates with the raw vote totals now, about 75% of the raw votes in, separated by about 30,000 votes. that's not enough when you start figuring in the provisional ballots. remember we...
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Nov 3, 2012
11/12
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here's how i use the reports we constantly refer to. first i assess them for the predicted value for the year. to do that i try to discern where analysts go with their estimates after the company's reports do. they raise them, lower them, keep them the same? let's say apple is using a report that is better than not only the posted numbers that you can find on a lot of websites but also beats the high man. some call it the whisper. the high man. the analyst with the most aggressively high estimates on the street. that will always cause a raising of the numbers for the rest of the year by everyone. if it is the end of the year for the numbers after that. i use that increase in earnings per share to try to figure out the increases from real business, actual sales. did they do better. not just the changes and share changes. i look more at the revenues than the actual earnings themselves. why is that important? a company can't change the sales line except by increasing demand, producing more, gaining more customers either at the expense of o
here's how i use the reports we constantly refer to. first i assess them for the predicted value for the year. to do that i try to discern where analysts go with their estimates after the company's reports do. they raise them, lower them, keep them the same? let's say apple is using a report that is better than not only the posted numbers that you can find on a lot of websites but also beats the high man. some call it the whisper. the high man. the analyst with the most aggressively high...
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Nov 27, 2012
11/12
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so it was a strong quarter for us. one of the things, and i know it is not as important, but your heritage brand, 3% increase, this is a major change, it is in the middle of a tremendous turn over, so we are expecting a strong third quarter. somewhere in the six to seven percent range and strong earnings. is that jc penney? >> who is driving that? >> a big piece has to do with the jc penney business. we put those new shops in, back to school and they have continued to deliver strong results for us and for jc penney. we have happy the way that the izo d izod brand is doing. >> sandy had to shut down a lot of stores for you. the hurricane storm 35-40% of your business is done. it is a big part of our business. it did impact us in the first part of november. we were were able to still raise the year we were able to do. we were looking for a big 4th quarter. revenues will be up 7%. we were looking for earnings per share growth. so, we are expecting 4th quarter, a holiday season to continue very strong. how important is the
so it was a strong quarter for us. one of the things, and i know it is not as important, but your heritage brand, 3% increase, this is a major change, it is in the middle of a tremendous turn over, so we are expecting a strong third quarter. somewhere in the six to seven percent range and strong earnings. is that jc penney? >> who is driving that? >> a big piece has to do with the jc penney business. we put those new shops in, back to school and they have continued to deliver strong...
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Nov 7, 2012
11/12
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at least, nobody said it to us. introducing the business smart inkjet all-in-one series from brother. easy to use, it's the ultimate combination of speed, small size, and low-cost printing. [ male announcer ] the way it moves. the way it cleans. everything about the oral-b power brush is simply revolutionary. oral-b power brushes oscillate, rotate and even pulsate to gently loosen and break up that sticky plaque with more brush movements than manual brushes and even up to 50% more than leading sonic technology brushes for a superior clean. oral-b power brushes. go to oralb.com for the latest offers. a short word that's a tall order. up your game. up the ante. and if you stumble, you get back up. up isn't easy, and we ought to know. we're in the business of up. everyday delta flies a quarter of million people while investing billions improving everything from booking to baggage claim. we're raising the bar on flying and tomorrow we will up it yet again. >>> welcome back. the two lines at the bottom of the screen will
at least, nobody said it to us. introducing the business smart inkjet all-in-one series from brother. easy to use, it's the ultimate combination of speed, small size, and low-cost printing. [ male announcer ] the way it moves. the way it cleans. everything about the oral-b power brush is simply revolutionary. oral-b power brushes oscillate, rotate and even pulsate to gently loosen and break up that sticky plaque with more brush movements than manual brushes and even up to 50% more than leading...
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Nov 26, 2012
11/12
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jim dunagan joins us. that number that i gist quoted, how does that compare to last year's costs of buying all the items? >> for the true cost of christmas, we're up 4.8% this year and if you bought all of the items, 6.1%. >> what's been driving the rise? cost of food and feeding geese? >> culprits were the six geese and the seven swans a swimming were up the most, and that was due to the drought we had in the united states that pushed up feed prices and also energy. and gold rings were up 16% this year. >> is there anything in there that has actually got cheaper over the year? >> this is one year that in fact nothing has gone down this year. so we had six items which were flat, but the balance were all up. good news is that the maids a milking were flat as were the ladies dancing and lords of leaping all saw no increase this year. >> does that reflect the fact that wages haven't really done enough? flat wages? >> if we look at the overall wages in the index, they're bup 1.7%. drummers and pipers went up 5
jim dunagan joins us. that number that i gist quoted, how does that compare to last year's costs of buying all the items? >> for the true cost of christmas, we're up 4.8% this year and if you bought all of the items, 6.1%. >> what's been driving the rise? cost of food and feeding geese? >> culprits were the six geese and the seven swans a swimming were up the most, and that was due to the drought we had in the united states that pushed up feed prices and also energy. and gold...
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Nov 2, 2012
11/12
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here's how i use the reports we constantly refer. to first i aassess them for the predicted value for the year. to do that i try to discern where analysts go with their estimates after the company's reports do. they raise them, lower them, keep them the same? let's say apple is using a report that is better than not only the posting numbers that you can find on a lot of web sites but also beats the high man. some call it the whisper. the high man. the analyst with the most aggressively high estimates on the street. that will always cause a raising of the numbers for the rest of the year by everyone. if it is the end of the year for the numbers after that. i use that inincrease in earnings per share to try to figure out the increases from real business, actual sales. did they do better. not just the changes and share changes. i look more at the revenues than the actual earnings themselves. why is that important? a company can't change the sales line except by increasing demand, producing more, gaining more customers either at the expe
here's how i use the reports we constantly refer. to first i aassess them for the predicted value for the year. to do that i try to discern where analysts go with their estimates after the company's reports do. they raise them, lower them, keep them the same? let's say apple is using a report that is better than not only the posting numbers that you can find on a lot of web sites but also beats the high man. some call it the whisper. the high man. the analyst with the most aggressively high...
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Nov 2, 2012
11/12
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thanks for joining us. and just a quick check of the stoxx 600 as it moves throughout the morning trading session. creeping negative, but not too negative. >> thanks very much for that. our guests are already chatting amongst themselves. so i have to join in. i was questioning whether we've had the rally that would include decent payroll figures. ie anything bad figure could mean we're going down today. i don't know if you have any view on this. >> i mean clearly a good one would be a positive. but -- >> in the market already? >> i think there's been a lot of between news in the market, that's true. we could have a little bit of a pull back. at the same time, valuations are still attractive. we have two areas of growth, china and the u.s. doing slightly better. not saying they're growing very fast, but they're not detak deterioratin deteriorating. that's very important. and in europe, you have a situation where i think the degradation is possibly troughing. >> given everything we've heard, i think if we did
thanks for joining us. and just a quick check of the stoxx 600 as it moves throughout the morning trading session. creeping negative, but not too negative. >> thanks very much for that. our guests are already chatting amongst themselves. so i have to join in. i was questioning whether we've had the rally that would include decent payroll figures. ie anything bad figure could mean we're going down today. i don't know if you have any view on this. >> i mean clearly a good one would be...
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Nov 1, 2012
11/12
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stay with us. >>> coming up, markets on the move. good economic numbers, but will it carry over if the october jobs report brings bad news? we break it all down straight ahead. >>> plus, brewing profits. maria talks exclusively with starbucks ceo howard schultz about earnings and the effect sandy may have had on his company's supply chain. >>> and insuring stability. aig chief robert benmosche joins maria with his thoughts on earnings, sandy's aftermath, and the treasury department's reported plans to liquidate its remaining shares of his company. >>> plus, what happens when mad max comes true? it's gasmageddon. long lines, dwindling fuel supplies, and tempers getting worse. >> there was literally a fight. >> you saw a fight? >> is there any relief in sight? that's all ahead on the "closing bell." >>> welcome back. the market off to a strong start for the month of november thanks to a host of rosy economic data out today. with the jobs number due out tomorrow and the election coming up on tuesday,
stay with us. >>> coming up, markets on the move. good economic numbers, but will it carry over if the october jobs report brings bad news? we break it all down straight ahead. >>> plus, brewing profits. maria talks exclusively with starbucks ceo howard schultz about earnings and the effect sandy may have had on his company's supply chain. >>> and insuring stability. aig chief robert benmosche joins maria with his thoughts on earnings, sandy's aftermath, and the...
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Nov 1, 2012
11/12
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will, give us a view on lloyds. the market seems to be responding positively. >> you have the underlying story and then what they refer to as legacy issues. we were given a heads up a few weeks ago when it was barclays upset ppi and that gave investors a little bit ahead of lloyds and other bank earnings. and as a result, i think that's why we're seeing this move up. >> also interesting down 1.35 billion pounds. the market was expecting around 1.5 billion pounds. this has to be a positive in the credit cycle here in the uk. >> indeed. and this is the main point of the positive lloyds numbers. it's an improvement in the market and we are seeing the banks moving forward. we improve domestic conditions and lendings to the uk economy. so perceived to be a good thing. >> will, thanks very much. >> you can see lloyds at the top of the basket for the ftse today. a couple pay tv operators reporting numbers today. the share price popping 3%. revenues up 4%. earnings up 16%. this is on on the back of price increases. also try
will, give us a view on lloyds. the market seems to be responding positively. >> you have the underlying story and then what they refer to as legacy issues. we were given a heads up a few weeks ago when it was barclays upset ppi and that gave investors a little bit ahead of lloyds and other bank earnings. and as a result, i think that's why we're seeing this move up. >> also interesting down 1.35 billion pounds. the market was expecting around 1.5 billion pounds. this has to be a...
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Nov 20, 2012
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a lot of the traditional thinking has got us there. if it does sink us into the oblivion is there. it has not been lost just diluted. they got their heads cut off at has been the way of the french. stick with cramer are. having you ship my gifts couldn't be easier. well, having a ton of locations doesn't hurt. and my daughter loves the santa. oh, ah sir. that is a customer. let's not tell mom. [ male announcer ] break from the holiday stress. fedex office. that bringing you better technology helps make you a better investor. with our revolutionary e-trade 360 dashboard you see exactly where your money is and what it's doing live. our e-trade pro platform offers powerful functionality that's still so usable you'll actually use it. and our mobile apps are the ultimate in wherever whenever investing. no matter what kind of investor you are, you'll find the technology to help you become a better one at e-trade. you'll find the technology to help you become a better one is bigger than we think ... sometimelike the flu.fer from with aches, fever and chills- the flu's a really big deal. s
a lot of the traditional thinking has got us there. if it does sink us into the oblivion is there. it has not been lost just diluted. they got their heads cut off at has been the way of the french. stick with cramer are. having you ship my gifts couldn't be easier. well, having a ton of locations doesn't hurt. and my daughter loves the santa. oh, ah sir. that is a customer. let's not tell mom. [ male announcer ] break from the holiday stress. fedex office. that bringing you better technology...
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Nov 21, 2012
11/12
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a lot of the traditional thinking has got us there. if it does sink us into the oblivion is there. it has not been lost just diluted. they got their heads guillotined at has been the way of the french when they exact revenge. stick with cramer. this is america. we don't let frequent heartburn come between us and what we love. so if you're one of them people who gets heartburn and then treats day after day... block the acid with prilosec otc and don't get heartburn in the first place! [ male announcer ] one pill each morning. 24 hours. zero heartburn. why they have a raise your rate cd. tonight our guest, thomas sargent. nobel laureate in economics, and one of the most cited economists in the world. professor sargent, can you tell me what cd rates will be in two years? no. if he can't, no one can. that's why ally has a raise your rate cd. ally bank. your money needs an ally.
a lot of the traditional thinking has got us there. if it does sink us into the oblivion is there. it has not been lost just diluted. they got their heads guillotined at has been the way of the french when they exact revenge. stick with cramer. this is america. we don't let frequent heartburn come between us and what we love. so if you're one of them people who gets heartburn and then treats day after day... block the acid with prilosec otc and don't get heartburn in the first place! [ male...
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Nov 23, 2012
11/12
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let us know. worldwide@cnbc.com, at@cnbcwex,@ rosswestgate. >>> we'll be in tell a vee with the latel aviv with the latest when we come back. can i still ship a gift in time for christmas? yeah, sure you can. great. where's your gift? uh... whew. [ male announcer ] break from the holiday stress. ship fedex express by december 22nd for christmas delivery. >>> a recap of the headlines. draghi defends plans for a banking supervise or saying the central bank is the best candidate for the job. germany's ifo business climate index rises above forecasts for november. and the eu wubudget battle rage on as they pail to reach a compromise. israeli gunfire has reportedly killed a palestinian along the gaza border. stephanie gosk joining us. i don't know if you have anymore information about this, but if true, of course that would be the first incident since the cease fire. what's the latest there. >> >> it would be, ross. our team on the ground in gaza tells us this was a 20-year-old kid, he was with his fri
let us know. worldwide@cnbc.com, at@cnbcwex,@ rosswestgate. >>> we'll be in tell a vee with the latel aviv with the latest when we come back. can i still ship a gift in time for christmas? yeah, sure you can. great. where's your gift? uh... whew. [ male announcer ] break from the holiday stress. ship fedex express by december 22nd for christmas delivery. >>> a recap of the headlines. draghi defends plans for a banking supervise or saying the central bank is the best candidate...
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Nov 15, 2012
11/12
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hope you join us 4:00 p.m. eastern. the co-founders of the fix the debt campaign, which many corporate leaders are backing. they'll tell us how they think washington can come together and reach a deal, bill. >> sure would be great to figure that out. maria, looking forward to that. i'm bill griffeth here at the new york stock exchange. markets continue to feel the sting of the uncertainty surrounding the fiscal cliff crisis. look at the dow, for example. it can't decide whether to go higher or lower today. it's been zigging and zaging all session today. down 42 points. that's about the midpoint of the range. the nasdaq is down 11 points, about 1/3 of a percent. the s&p 500 index also trading lower, down 3 1/3 points. some long-time traders may say the first and final hours of the trading day are the most important. since the market highs back on september 14th at the time that qe-3 was announced by the fed, the s&p 500 has suffered the biggest percentage declines in the final hour. this chart shows a typical trading day
hope you join us 4:00 p.m. eastern. the co-founders of the fix the debt campaign, which many corporate leaders are backing. they'll tell us how they think washington can come together and reach a deal, bill. >> sure would be great to figure that out. maria, looking forward to that. i'm bill griffeth here at the new york stock exchange. markets continue to feel the sting of the uncertainty surrounding the fiscal cliff crisis. look at the dow, for example. it can't decide whether to go...
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Nov 19, 2012
11/12
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easy to use. it's the ultimate combination of speed, small size, and low-cost printing. >>> fears of tax hikes have investors looking for safety in tax exempt bonds. munis getting popular. according to our next guest the tax status is up in the air because of fiscal cliff deal could mean tax deductions will be limited and could keep the status only in those in the tax bracket status of 28% and below. let's take a deeper dive with president and ceo of laventhol and company. what are the odds of this happening? >> before hurricane sandy there was a much greater likelihood of the tax exempt on the block. after sandy there is so much focus on the need to rebuild and the debt that would have to be issued and what local communities will have to pay in terms of cost to borrowing that it is less of a likelihood but i will say from the entire 20 whatever years i have been in the business i think this is the first time that the threat to tax exemption is stronger. >> are you finding that investors are comin
easy to use. it's the ultimate combination of speed, small size, and low-cost printing. >>> fears of tax hikes have investors looking for safety in tax exempt bonds. munis getting popular. according to our next guest the tax status is up in the air because of fiscal cliff deal could mean tax deductions will be limited and could keep the status only in those in the tax bracket status of 28% and below. let's take a deeper dive with president and ceo of laventhol and company. what are the...
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Nov 1, 2012
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it's taking longer than many of us would like. that's because it's a complex issue of providing the supply of liquid natural gas. >> i have a big trust, i would love to convert if i knew there were gas stations all over the country. and the gas station people would love to build more gas stations for nat gas if they knew there were a lot of trucks. natural gas trucks. >> i think we have gotten past that. everybody, both the chickens and the eggs are ready to do their bit. what's challenging is how do you ramp it up so that you don't have trucks waiting that you can't use because there is no fuel available and if you're building a fuel station, you want to make sure the customer is for it as soon as it happens. one of the things i have said is we have to understand how long it takes to actually build out infrastructure like this. when the oil company and the automakers were forced to work together to improve emission standards, the fastest those changes could be made is over a 10-year roll in period. we really can't expect signific
it's taking longer than many of us would like. that's because it's a complex issue of providing the supply of liquid natural gas. >> i have a big trust, i would love to convert if i knew there were gas stations all over the country. and the gas station people would love to build more gas stations for nat gas if they knew there were a lot of trucks. natural gas trucks. >> i think we have gotten past that. everybody, both the chickens and the eggs are ready to do their bit. what's...
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Nov 14, 2012
11/12
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thanks for joining us. a name that dan had mentioned. >> we trade and talk about that from time to time. it had a nice run earlier this year. now it is trading 77.5. to me it seems it has a chance to trade to the lower 70s which i'm sure dan doesn't care about with a five-year time horizon. >>> let's move on here. the unrest in the middle east and the impact on oil prices. take a look at this incredible video from gaza. israel launched an a air strike. crude immediately spiked. where do you put this? we know there are tensions between hamas and israel. >> i don't think so. i think this is a bigger issue than people made out today. we are used to that rhetoric but you are starting to see the rest of the middle east get involved. we saw egypt pull the ambassador from israel. and this is not the normalal lobbing missiles back and forth. this is something very different. i bought oil on this. i bought rent oil and that is the way to play it. >> what are other plays? >> i was surprised oil didn't give us more. t
thanks for joining us. a name that dan had mentioned. >> we trade and talk about that from time to time. it had a nice run earlier this year. now it is trading 77.5. to me it seems it has a chance to trade to the lower 70s which i'm sure dan doesn't care about with a five-year time horizon. >>> let's move on here. the unrest in the middle east and the impact on oil prices. take a look at this incredible video from gaza. israel launched an a air strike. crude immediately spiked....
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Nov 8, 2012
11/12
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devon energy is helping us break down the facts ant what it will take to get us there. bob, these projections... they're... optimistic. productivity up, costs down, time to market reduced... those are good things. upstairs, they will see fantasy. not fantasy... logistics. ups came in, analyzed our supply chain, inventory systems... ups? ups. not fantasy? who would have thought? i did. we did, bob. we did. got it. >>> welcome back. we are live at the nasdaq market site in times square. a hot topic on the road to the white house with president obama highlighting his first term's policy throughout his campaign. >> here's what i have done since i have been president. we have increased oil production to the highest levels in 16 years. natural gas production is the highest it's been in decades. >> obviously it doesn't stop there. the president spoke about domestic oil production when he accepted a second term as commander in chief. >> in the coming weeks and months i am looking forward to reaching out, working with leaders of both parties to meet the challenges we can only so
devon energy is helping us break down the facts ant what it will take to get us there. bob, these projections... they're... optimistic. productivity up, costs down, time to market reduced... those are good things. upstairs, they will see fantasy. not fantasy... logistics. ups came in, analyzed our supply chain, inventory systems... ups? ups. not fantasy? who would have thought? i did. we did, bob. we did. got it. >>> welcome back. we are live at the nasdaq market site in times square....
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Nov 16, 2012
11/12
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you won't just find us online, you'll also find us in person, with dedicated support teams at over 500 branches nationwide. so when you call or visit, you can ask for a name you know. because personal service starts with a real person. [ rodger ] at scottrade, seven dollar trades are just the start. our support teams are nearby, ready to help. it's no wonder so many investors are saying... [ all ] i'm with scottrade. you know, one job or the other. the moment i could access the retirement plan, i just became firm about it -- "i'm done. i'm out of here." you know, it's like it just hits you fast. you know, you start thinking about what's really important here. ♪ ♪ can i still ship a gift in time for christmas? yeah, sure you can. great. where's your gift? uh... whew. [ male announcer ] break from the holiday stress. ship fedex express by december 22nd for christmas delivery. by december 22nd music is a universal language. but when i was in an accident... i was worried the health care system spoke a language all its own with unitedhealthcare, i got help that fit my life. information
you won't just find us online, you'll also find us in person, with dedicated support teams at over 500 branches nationwide. so when you call or visit, you can ask for a name you know. because personal service starts with a real person. [ rodger ] at scottrade, seven dollar trades are just the start. our support teams are nearby, ready to help. it's no wonder so many investors are saying... [ all ] i'm with scottrade. you know, one job or the other. the moment i could access the retirement plan,...
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Nov 27, 2012
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they use it as a stop. it bounced slightly from here, but i don't think that was a really good support zone. now if you look at dwoog l, i think google is actually standing on very strong support. we see a multiyear wedge forming. multiple times it tested that 650 area of resistance. now it's resting on that support. as they say, tall houses can be built from strong foundations. i think google has a strong foundation. >> one of many things they say. erin, why are you sticking with apple? >> not only if you look at the chart but fundamentally. in may, they bought motorola. when they made their earnings announcement in mid-october, you can see that huge drop. apple is trading at 40% less on valuation. it's also lower than its peers versus google. so you can get similar long-term earnings growth, about 14% long-term growth versus 16% on google, but you're trading at a 40% less lower valuation. you're looking at the next 12 months earnings. it's a that brainer. not only that, but apple pays dividends. >> i thin
they use it as a stop. it bounced slightly from here, but i don't think that was a really good support zone. now if you look at dwoog l, i think google is actually standing on very strong support. we see a multiyear wedge forming. multiple times it tested that 650 area of resistance. now it's resting on that support. as they say, tall houses can be built from strong foundations. i think google has a strong foundation. >> one of many things they say. erin, why are you sticking with apple?...
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Nov 29, 2012
11/12
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talk to us about that. what can you do to prove to the american people that, in fact, you are creating jobs in america, but you have to actually create jobs in places you're operating outside the u.s.? isn't that true? >> we do. i think the benefit is to multinationals in three areas. one is the wealth we create for americans. our to be is held by americans. chevron, for example, has created $170 billion in wealth through our stock price and dividends over the last decade. we also produce energy. every drop of oil we produce overseas keeps oil prices down in this country. >> yet, the oil companies as an industry constantly get bashed over taxes, over the profits that we see. in fact, in 2011, chevron was one of three oil companies that paid more in income taxes than any other corporation in america, which i find amazing. $17 billion in taxes. >> well, our income taxes in 2011 were about 43%. it's been in the same range over the last few years. we do pay our fair share. we pay taxes overseas. we pay taxes he
talk to us about that. what can you do to prove to the american people that, in fact, you are creating jobs in america, but you have to actually create jobs in places you're operating outside the u.s.? isn't that true? >> we do. i think the benefit is to multinationals in three areas. one is the wealth we create for americans. our to be is held by americans. chevron, for example, has created $170 billion in wealth through our stock price and dividends over the last decade. we also produce...
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Nov 27, 2012
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and cdw designs technology solutions that keep us winning. they set us up to win. while you... ...set us up to lose. oh, a classic win-lose-win situation. exactly. so why exactly should that be of any interest to you? well, in that time there've been some good days. and some difficult ones. but, through it all, we've persevered, supporting some of the biggest ideas in modern history. like the transatlantic cable that connected continents. and the panama canal that made our world a smaller place. we supported the marshall plan that helped europe regain its strength. and pioneered the atm, so you can get cash when you want it. it's been our privilege to back ideas like these, and the leaders behind them. so why should our anniversary matter to you? because for 200 years, we've been helping people and their ideas move from ambition to achievement. and the next great idea could be yours. ♪ >>> a bit of a slump recently a as it has fallen. what did you see today in terms of the action? >> the selloff has brought in people that want to get into the stock here. we saw o
and cdw designs technology solutions that keep us winning. they set us up to win. while you... ...set us up to lose. oh, a classic win-lose-win situation. exactly. so why exactly should that be of any interest to you? well, in that time there've been some good days. and some difficult ones. but, through it all, we've persevered, supporting some of the biggest ideas in modern history. like the transatlantic cable that connected continents. and the panama canal that made our world a smaller...
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Nov 17, 2012
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and carmax is the one that sells used cars. for the last five odd years selling new cars was a much better business than selling used ones. that's why they made a heck of a lot more money than carmax. new car sales are growing rapidly. we are on track for building more cars than we have the last few years. the margin for new cars are starting to get squeezed. competition is coming back. during the great recession, tons of car dealerships closed down. now you've got new dealerships popping up again and the business is starting to get more cutthroat and more competitive. even though autonation has a bright future, they are facing difficulties they didn't have to deal with a year or two ago. the used car business, that's a different story. in recent years, used car retailers struggled against a head wind which is the recession that caused a huge decline. there weren't enough new cars built in 2008 and 2009, to the lesser extent 2010 to support a robust car market. the ones they most want to buy are the ones with the least wear and
and carmax is the one that sells used cars. for the last five odd years selling new cars was a much better business than selling used ones. that's why they made a heck of a lot more money than carmax. new car sales are growing rapidly. we are on track for building more cars than we have the last few years. the margin for new cars are starting to get squeezed. competition is coming back. during the great recession, tons of car dealerships closed down. now you've got new dealerships popping up...
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Nov 28, 2012
11/12
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easy to use. it's the ultimate combination of speed, small size, and low-cost printing. governor of getting it done. you know how to dance... with a deadline. and you...rent from national. because only national lets you choose any car in the aisle... and go. you can even take a full-size or above, and still pay the mid-size price. this is awesome. [ male announcer ] yes, it is, business pro. yes, it is. go national. go like a pro. yes, it is. (car horn) paying with your smartphone instead of cash... (phone rings) that's a step forward. with chase quickpay, you can send money directly to anyone's checking account. i guess he's a kicker... again, again! oh, no you don't! take a step forward and chase what matters. >>> disney getting a pop in after hours session. >> well, melissa, we talk about special dividends and how a lot of companies are doing that. but those companies that aren't doing that, they're also just boosting their existing dividend. disney one example, the stock boosting a dividend of
easy to use. it's the ultimate combination of speed, small size, and low-cost printing. governor of getting it done. you know how to dance... with a deadline. and you...rent from national. because only national lets you choose any car in the aisle... and go. you can even take a full-size or above, and still pay the mid-size price. this is awesome. [ male announcer ] yes, it is, business pro. yes, it is. go national. go like a pro. yes, it is. (car horn) paying with your smartphone instead of...
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Nov 12, 2012
11/12
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i want to use the same stuff the big guys use. ishares. 9 out of 10 large, professional investors choose ishares for their etfs. introducing the ishares core, etfs for the heart of your portfolio. tax efficient and low cost building blocks to help you keep more of what you earn. call your advisor. visit ishares.com. ishares. yeah, ishares. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. >>> live from the nasdaq market site in times square. the goal is always to buy low and sell high. let's play a little hold them or fold them with two stocks nearing 52-week highs and lows. yahoo up more than 8%. very close to the highest level since may of 2011. so grasso, new ceo, turn around in place. what do you do? >> the stock has been trading basically between 14.35 and 16. if you want to start buying the stock once they break out to new highs tend to make higher highs. if you are going to buy the stock by 20% of what
i want to use the same stuff the big guys use. ishares. 9 out of 10 large, professional investors choose ishares for their etfs. introducing the ishares core, etfs for the heart of your portfolio. tax efficient and low cost building blocks to help you keep more of what you earn. call your advisor. visit ishares.com. ishares. yeah, ishares. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully...
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Nov 9, 2012
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stay with us. one mobile. with features like scanning a barcode to get detailed stock quotes to voice recognition. e-trade leads the way in wherever, whenever investing. download the ultimate in mobile investing apps, free, at e-trade. >>> welcome back to our special coverage from the jpmorgan technology ceo conference. once again, our special guest jpmorgan chairman and ceo jamie dimon. jamie, you have raised the reasonable loss above existing accruals about $700 million to $6 billion. i guess at the end of the day, litigation is the new normal in your business, certainly for the large banks. can you characterize for us what you would expect? how steep, given the election, the perceived political undertones, how significant will ongoing litigation be, and how should investors think about this? >> we have booked more than $10 million in litigation reserves. that number is just an estimate of how much more is under the range of possibility. i wouldn't give it too much credence. it's a rough estimate. i think li
stay with us. one mobile. with features like scanning a barcode to get detailed stock quotes to voice recognition. e-trade leads the way in wherever, whenever investing. download the ultimate in mobile investing apps, free, at e-trade. >>> welcome back to our special coverage from the jpmorgan technology ceo conference. once again, our special guest jpmorgan chairman and ceo jamie dimon. jamie, you have raised the reasonable loss above existing accruals about $700 million to $6...
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Nov 29, 2012
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man, we got to use this. this will no longer just be a key chain because if we're cl m climbing out of the cliff you need to be the first there and with the best stocks. i envision all segments of the market getting pummeled but the ones that come back first are the ones that sold down first. so the best could be the worst. to me that means i want to climb out of the cliff using a stock like home depot. i'm going to climb out there to get this, yeah, home depot. that's one i'm going to get! because -- sorry about that. because it's up 54% for the year. the most visible winner in the dow jones industrial average. you my have to buy that stock as the first week of january. we run into the thickest, i would considinto sher win willi. and i think the housing boom will not be hurt in reality nearly as much as it might be in theory. at the same time, i suspect we'll get another whackdown in them high-yielders because the 2013 tax code more than doubles it. here i'll climb out with the ice ax from verizon. i want to
man, we got to use this. this will no longer just be a key chain because if we're cl m climbing out of the cliff you need to be the first there and with the best stocks. i envision all segments of the market getting pummeled but the ones that come back first are the ones that sold down first. so the best could be the worst. to me that means i want to climb out of the cliff using a stock like home depot. i'm going to climb out there to get this, yeah, home depot. that's one i'm going to get!...
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Nov 13, 2012
11/12
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because today it's about all of us. and no matter who you are, you're the commander-in-chief of your own life. ♪ to a currency market for everyone. the potential of fxcm unlocked. nyse euronext. unlocking the world's potential. the potential of yelp unlocked. nyse euronext. unlocking the world's potential. wooohooo....hahaahahaha! oh...there you go. wooohooo....hahaahahaha! i'm gonna stand up to her! no you're not. i know. you know ronny folks who save hundreds of dollars switching to geico sure are happy. how happy are they jimmy? happier than a witch in a broom factory. get happy. get geico. fifteen minutes could save you fifteen percent or more. >>> welcome back. president obama will meet with business leaders tomorrow at the white house, but not one wall street bank ceo is on the invitationlation. kayla is here with more reaction. over to you. >> well, you remember jpmorgan ceo jamie dimon telling you days ago on this program that if you remove the fiscal cliff overhang, the economy will boom. similarly, executive
because today it's about all of us. and no matter who you are, you're the commander-in-chief of your own life. ♪ to a currency market for everyone. the potential of fxcm unlocked. nyse euronext. unlocking the world's potential. the potential of yelp unlocked. nyse euronext. unlocking the world's potential. wooohooo....hahaahahaha! oh...there you go. wooohooo....hahaahahaha! i'm gonna stand up to her! no you're not. i know. you know ronny folks who save hundreds of dollars switching to geico...
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52
Nov 1, 2012
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at least, nobody said it to us. introducing the business smart inkjet all-in-one series from brother. easy to use, it's the ultimate combination of speed, small size, and low-cost printing. with scottrader streaming quotes, any way you want. fully customize it for your trading process -- from thought to trade, on every screen. and all in real time. which makes it just like having your own trading floor, right at your fingertips. [ rodger ] at scottrade, seven dollar trades are just the start. try our easy-to-use scottrader streaming quotes. it's another reason more investors are saying... [ all ] i'm with scottrade. >>> welcome back to fast money. chesapeake trading lower after reports the company lost $2 billion on the gas prices being lower. earnings were in line while 2.7 billion on the top line was better than expect on revenues. third quarter oil production nearly doubled. but nat gas did too. it was up 19%. despite the fact that they caught up on the number of rigs. >> eps is better, revenues much better. prod
at least, nobody said it to us. introducing the business smart inkjet all-in-one series from brother. easy to use, it's the ultimate combination of speed, small size, and low-cost printing. with scottrader streaming quotes, any way you want. fully customize it for your trading process -- from thought to trade, on every screen. and all in real time. which makes it just like having your own trading floor, right at your fingertips. [ rodger ] at scottrade, seven dollar trades are just the start....
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Nov 20, 2012
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why aren't we using it? first, cut back on oil imports, you need to get the major trucking companies to switch to natural gas from diesel. there is tremendous reluctance to do so. first, they hoped the government would support the pickens plan. a subsidy would have been paid back. the natural gas industry bet the farm on this thing. they held back while the betting occurred. it didn't. legislation still -- it's dead. the industry sought to make the engine cheaper and caught a break with the huge decline in natural gas prices. while they work well, i'm calling them disappointing. part of that comes from a lack of nat gas engines. that's because west port innovations was supposed to make them in volume last year but the product is very late. now it's supposed to be 2013. in the meantime, while clean energy fuel, clne, is attempting to build out a network of stations, they only cover a tiny fractions of our roads. there are just 600 public compressed natural gas stations in the country. guess how many gas stati
why aren't we using it? first, cut back on oil imports, you need to get the major trucking companies to switch to natural gas from diesel. there is tremendous reluctance to do so. first, they hoped the government would support the pickens plan. a subsidy would have been paid back. the natural gas industry bet the farm on this thing. they held back while the betting occurred. it didn't. legislation still -- it's dead. the industry sought to make the engine cheaper and caught a break with the...
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Nov 26, 2012
11/12
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does that matter to us? should it matter to us here in the united states? >> i think greece doesn't matter on the numbers. we are talking about a country that has about 10 million people. you are talking about europe. in europe the yearly budget for agriculture is about 150. greece is maybe a political issue in how to deal when one of your kids doesn't pay his own bills. i think the issue will be resolved of about 15 trillion. 150 more or less of that is irrelevant. >> so great to have you here. >> thank you so much. >>> key economic reports due to hit wall street first thing tomorrow morning. >> and we'll find out which ones will effect your investments the most on the other side of the break. stick around. ♪ [ female announcer ] today, it's not just about who lives in the white house, it's about who lives in the yellow house, the green, and the apartment house, too. today we not only honor the oval office, but we honor the cubicle, and the home office as well. because today it's about all of us. and no matter who you are, you're the commander-in-chief o
does that matter to us? should it matter to us here in the united states? >> i think greece doesn't matter on the numbers. we are talking about a country that has about 10 million people. you are talking about europe. in europe the yearly budget for agriculture is about 150. greece is maybe a political issue in how to deal when one of your kids doesn't pay his own bills. i think the issue will be resolved of about 15 trillion. 150 more or less of that is irrelevant. >> so great to...
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Nov 12, 2012
11/12
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jim joins us. i realize it's a personal decision, depends on each individual's tax basis and all those individual things aggregate you're saying if you have a winner, go ahead and sell some. >> i do, bill. in this period, it's -- if you look at any other price increase, you know there's going to be a higher price next year. i use the example, if you use sugar, know prices are going up, you would make the decision to buy more sugar. in this case you know prices on capital gains are going up, you should take advantage. you should go back and re-establish that position immediately. this is not like taking a tax loss where you need to wait 31 days. the government is very willing to have you take that gain. you don't need to disturb your portfolio but need to say, i'm going to pay less taxes if i do it this year. >> what about you? i mean, in terms of selling the winners now so that you get that 15% versus 25% or whatever it goes to in 2013, i understand the need and the desire to do that, but in 2013,
jim joins us. i realize it's a personal decision, depends on each individual's tax basis and all those individual things aggregate you're saying if you have a winner, go ahead and sell some. >> i do, bill. in this period, it's -- if you look at any other price increase, you know there's going to be a higher price next year. i use the example, if you use sugar, know prices are going up, you would make the decision to buy more sugar. in this case you know prices on capital gains are going...
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Nov 7, 2012
11/12
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he joins us from chicago. good to speak with you. >> good afternoon michelle. >> it's melissa, gregg that's okay. >> melissa, i am sorry. >> no problem. in terms of what you are hoping to accomplish with cos, why band together, why now and who are you talking to at this point? >> well, i think the reason why now is clearly, i think, coming into short focus is the fiscal cliff issues we have. some of us have been working on this now for the last couple of years through the organization that's become the fix the debt organization, working with certain what i believe are true statesmen in the senate, in congress, who truly want to see this thing fixed. for me and a lot of business people, the key fundamental underlier of economic activity or business activity is confidence. we see no alternative but to approach that through a comp prom my we certainly have a divided government and we just simply believe through that compromise, given we do it right, given we do it thoughtfully, get pro-growth tax reform in there
he joins us from chicago. good to speak with you. >> good afternoon michelle. >> it's melissa, gregg that's okay. >> melissa, i am sorry. >> no problem. in terms of what you are hoping to accomplish with cos, why band together, why now and who are you talking to at this point? >> well, i think the reason why now is clearly, i think, coming into short focus is the fiscal cliff issues we have. some of us have been working on this now for the last couple of years...
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Nov 2, 2012
11/12
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oil we import is used to make diesel fuel for trucks. we're well on our way to energy self sufficiency. that's the only realistic way to do it. the rest of the world is for the stuff and we're building up terminals that could be building up in a few years. export terminal. either way we need chart industries. the cryogenics company that makes the highly engineered equipment which is used to turn natural gas into liquefied natural gas. they make the tanks to store it. we have been behind the stock for a long time. chart reported disappointing results. company posted an eight cent earnings miss. beat revenues that rose 23% year-over-year. and the international side had some difficulty. the short term, we have got to take a closer look. let's talk to samuel thomas. welcome back to "mad money". >> hi, jim. how are you sir? >> great. i know you came up from haddonfield, new jersey. we have got long gasoline lines. there is no competitor to gasoline in this country to speak of. if we had a competitor and it was like this, would we have the jam
oil we import is used to make diesel fuel for trucks. we're well on our way to energy self sufficiency. that's the only realistic way to do it. the rest of the world is for the stuff and we're building up terminals that could be building up in a few years. export terminal. either way we need chart industries. the cryogenics company that makes the highly engineered equipment which is used to turn natural gas into liquefied natural gas. they make the tanks to store it. we have been behind the...
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Nov 9, 2012
11/12
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it had disappointed us, to be honest. sounds like you have a new line on it and i have to do some work. i'm not current on greenway. all right. now just like when friends break up, you got to choose some sides. i say you choose abbott. after the break, i'll try to make you even more money. >> coming up, hot and fresh? wall street ordered up shares of popeyes owner today after earnings topped expectations. but is the stock as appetizing as it looks? cramer finds out when he speaks to the ceo exclusively after earnings. >>> and later, cash infusion? from syringes to surgery, medical supply company henry shine is in the heart of health care. as this sector settles into new reforms, should you make an appointment to buy. today cramer is going one-on-one with the ceo to determine the diagnosis after earnings. all coming up on "mad money." >>> today everybody is feeling let down by yet another disappointing same-store sales number from mcdonald's. you know what? i think we're paying a little too much attention to ronald mcdonal
it had disappointed us, to be honest. sounds like you have a new line on it and i have to do some work. i'm not current on greenway. all right. now just like when friends break up, you got to choose some sides. i say you choose abbott. after the break, i'll try to make you even more money. >> coming up, hot and fresh? wall street ordered up shares of popeyes owner today after earnings topped expectations. but is the stock as appetizing as it looks? cramer finds out when he speaks to the...
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Nov 23, 2012
11/12
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they use that budget. but you don't want to be the one that is not open so we think it is a good thing to be open early, particularly if your competitor is closed. >> another thing i'm hearing, laura, is that people are essentially putting the same deals that you would get in a brick and mortar store out on the same day online. right? on their websites as well. are they cannibalizing each other then? >> they're absolutely cannibalizing each other. but i think that the goal is to capture sales what no matter what channel you get it from. our favorite idea this holiday season is williams-sonoma because they're truly multi-channel. they do most of their profits online. i think it is important as you look for stocks for the holidays to focus on companies that are very strong online. >> all right. ladies, thank you all for your insights. we'll let you get back to your channel checks -- >> wait. i thought stacy had a black friday souvenir for me? >> i do. >> i didn't hear about this. >> i picked up something spe
they use that budget. but you don't want to be the one that is not open so we think it is a good thing to be open early, particularly if your competitor is closed. >> another thing i'm hearing, laura, is that people are essentially putting the same deals that you would get in a brick and mortar store out on the same day online. right? on their websites as well. are they cannibalizing each other then? >> they're absolutely cannibalizing each other. but i think that the goal is to...
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Nov 28, 2012
11/12
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thanks for joining us. here's a quick look at what else you've been hearing from some of the experts on our program this morning. >> looking somewhat rich. also cautious on finland where we think there could be some problem next year also regarding rating. >> the sterling i think represents the best and i would avoid the euro like the plague. >> depend on big financial leverage to make money. and those businesses were the customers that were struggling. they have been leveraged on the left-hand side. so that is a fundamentally tricky business. >> now the eu zone to approve the restructuring plans of spanish banks and he says the plan will cost a total of $37 billion euros. he said nationalized banks will reduce their number of branches by up to 50%. this follows a deal for a token price of one euro. he said that plan is cheaper than it would have been to liquidate the bank altogether. fitch has slashed argentina's credit rating by five notches, citing the risk of probable default. this after a u.s. court or
thanks for joining us. here's a quick look at what else you've been hearing from some of the experts on our program this morning. >> looking somewhat rich. also cautious on finland where we think there could be some problem next year also regarding rating. >> the sterling i think represents the best and i would avoid the euro like the plague. >> depend on big financial leverage to make money. and those businesses were the customers that were struggling. they have been...
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Nov 7, 2012
11/12
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at least, nobody said it to us. introducing the business smart inkjet all-in-one series from brother. easy to use, it's the ultimate combination of speed, small size, and low-cost printing. those little things still get you. for you, life's about her. but your erectile dysfunction - that could be a question of blood flow. cialis tadalafil for daily use helps you be ready anytime the moment's right. you can be more confident in your ability to be ready. and the same cialis is the only daily ed tablet approved to treat ed and symptoms of bph, like needing to go frequently or urgently. tell your doctor about all your medical conditions and medications, and ask if your heart is healthy enough for sexual activity. do not take cialis if you take nitrates for chest pain, as this may cause an unsafe drop in blood pressure. do not drink alcohol in excess with cialis. side effects may include headache, upset stomach, delayed backache or muscle ache. to avoid long-term injury, seek immediate medical help for an erection lastin
at least, nobody said it to us. introducing the business smart inkjet all-in-one series from brother. easy to use, it's the ultimate combination of speed, small size, and low-cost printing. those little things still get you. for you, life's about her. but your erectile dysfunction - that could be a question of blood flow. cialis tadalafil for daily use helps you be ready anytime the moment's right. you can be more confident in your ability to be ready. and the same cialis is the only daily ed...
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Nov 2, 2012
11/12
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richard kelly is joining us. welcome. >> good morning. >> let's start quickly with the impact of the storm bigger than anyone first thought. what impact will have from a macro point of view? >> the estimates always get revised up about so it still may be slightly meer. but even $30 billion to $50 billion puts you at gdp. and then that does not include the fact that there is some sort of rebuilding that you for being tore in. >> is it fair to say the bigger the drop, the bigger the bounce back or is that not always true? >> it's not always true. it depends how much of a long term impact there have been. we can go back to katrina which was the largest destruction where the actual costs were around $150 billion. >> you can go to our website to find out why new york is looking a lot leak amsterdam fp has something to do with bicycles. and you can tune in tonight at 8:00 p.m. for hurricane sandy coming together, a benefit concert to aid victims of the storm. hosted by matt lauer. the concert will feature performances
richard kelly is joining us. welcome. >> good morning. >> let's start quickly with the impact of the storm bigger than anyone first thought. what impact will have from a macro point of view? >> the estimates always get revised up about so it still may be slightly meer. but even $30 billion to $50 billion puts you at gdp. and then that does not include the fact that there is some sort of rebuilding that you for being tore in. >> is it fair to say the bigger the drop, the...
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Nov 15, 2012
11/12
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because today it's about all of us. and no matter who you are, you're the commander-in-chief of your own life. ♪ you're the commander-in-chief of your own life. when you take a closer look... ...at the best schools in the world... ...you see they all have something very interesting in common. they have teachers... ...with a deeper knowledge of their subjects. as a result, their students achieve at a higher level. let's develop more stars in education. let's invest in our teachers... ...so they can inspire our students. let's solve this. >>> fact or fiction, will citigroup break up? from pension funds to nuns, calls of splitting up the bank are growing later. a split could actually unlock tremendous value. >> we think that upside could be as much as 50%. so that's really the reason to get them. there's lots of variations on what they could determine is the best way of doing this and the outcome. >> on the behalf of the sisters of the saint benedict team has sun mitt submitted the proposal to break it up into four diffe
because today it's about all of us. and no matter who you are, you're the commander-in-chief of your own life. ♪ you're the commander-in-chief of your own life. when you take a closer look... ...at the best schools in the world... ...you see they all have something very interesting in common. they have teachers... ...with a deeper knowledge of their subjects. as a result, their students achieve at a higher level. let's develop more stars in education. let's invest in our teachers... ...so...
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267
Nov 30, 2012
11/12
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easy to use. it's the ultimate combination of speed, small size, and low-cost printing. i've been a superintendent for 30 some years at many different park service units across the united states. the only time i've ever had a break is when i was on maternity leave. i have retired from doing this one thing that i loved. now, i'm going to be able to have the time to explore something different. it's like another chapter. at u.s. trust, our expertise extends well beyond investment advice and research analysis. it includes proprietary offerings like our eldercare program, which helps provide for those who came before you. and our financial empowerment program, which helps prepare those who come next. resources like these have made us the number-one trust company. that's why generations of families have come to us to help build their own legacies. >>> welcome back. besides raising taxes for the rich, one of the main key stick points over the fiscal cliff debate is whether to cut entitlements. dean bake
easy to use. it's the ultimate combination of speed, small size, and low-cost printing. i've been a superintendent for 30 some years at many different park service units across the united states. the only time i've ever had a break is when i was on maternity leave. i have retired from doing this one thing that i loved. now, i'm going to be able to have the time to explore something different. it's like another chapter. at u.s. trust, our expertise extends well beyond investment advice and...
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Nov 12, 2012
11/12
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don't kill us. ♪ but bioteches, how about paint? we stood by when sherwin williams but even we, meaning me, didn't see this purchase of mexican paint maker colmex coming in a deal that immediately added to earnings. sherwin williams by buying that company soared $8.22. 5.84%. and sherwin williams is not the only acquirer to see price jump. a company has been hanging around for years doing nothing, a dog, of course it jumped $4.93 to close at 16.au$16.50. you know what is more important? the gains that they gave shareholders simply by buying the company. they took advantage of all stocks, pounced and made you a ton of money for doing so. how hard is it to find these deals? maybe not as hard as it would seem. last week we saw a deal for a boutique investment house that gave you a nice gain. should we be surprised that jeffries group gave you a 14% win this single session by become bought? i think they're all in the same course. the course that says stocks are overall are simply too cleep even as on any given day we focus on the averag
don't kill us. ♪ but bioteches, how about paint? we stood by when sherwin williams but even we, meaning me, didn't see this purchase of mexican paint maker colmex coming in a deal that immediately added to earnings. sherwin williams by buying that company soared $8.22. 5.84%. and sherwin williams is not the only acquirer to see price jump. a company has been hanging around for years doing nothing, a dog, of course it jumped $4.93 to close at 16.au$16.50. you know what is more important? the...
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Nov 20, 2012
11/12
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so, this is a very important instrument from us and we will be using that at some point, at the appropriate time to begin to tight monetary policy. now, you're talking about the other direction, why don't we just cut it to zero, pay no interest on excess reserves and there thereby, get a little more accommodation? it is something we have considered repeatedly, i don't rule it out as an action in the future. the cost benefit analysis we have done in looking at it, starting where we are at 25 basis points is the following. if we cut -- if we were to cut that it interest rate from 25 basis points to zero, our estimate is that it would affect very short-term interest rates, like overnight rates by something on the order of eight or nine basis points, extremely small amount. and that, in turn, would have even a smaller effect on the interest rate wes care about like the rates on auto loans or houses, et cetera. so the stimulative effect of that action, while going in the right direction, we assess as being very, very small. on the other side you can the concern we have, or at least some have had
so, this is a very important instrument from us and we will be using that at some point, at the appropriate time to begin to tight monetary policy. now, you're talking about the other direction, why don't we just cut it to zero, pay no interest on excess reserves and there thereby, get a little more accommodation? it is something we have considered repeatedly, i don't rule it out as an action in the future. the cost benefit analysis we have done in looking at it, starting where we are at 25...
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197
Nov 7, 2012
11/12
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stay with us. [ male announcer ] at scottrade, you won't just find us online, you'll also find us in person, with dedicated support teams at over 500 branches nationwide. so when you call or visit, you can ask for a name you know. because personal service starts with a real person. [ rodger ] at scottrade, seven dollar trades are just the start. our support teams are nearby, ready to help. it's no wonder so many investors are saying... [ all ] i'm with scottrade. or that printing in color had to cost a fortune. nobody said an all-in-one had to be bulky. or that you had to print from your desk. at least, nobody said it to us. introducing the business smart inkjet all-in-one series from brother. easy to use, it's the ultimate combination of speed, small size, and low-cost printing. >>> welcome back. take a look at the damage today on wall street. triple-digit decline. we're off of the lows, which were down about 300 earlier today. the investment community reacting to the prospect of higher taxes among others. >> let's get right to it. we welcome our friend boone pickens, the legendary
stay with us. [ male announcer ] at scottrade, you won't just find us online, you'll also find us in person, with dedicated support teams at over 500 branches nationwide. so when you call or visit, you can ask for a name you know. because personal service starts with a real person. [ rodger ] at scottrade, seven dollar trades are just the start. our support teams are nearby, ready to help. it's no wonder so many investors are saying... [ all ] i'm with scottrade. or that printing in color had...
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327
Nov 6, 2012
11/12
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eye 327
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i want to use the same stuff the big guys use. ishares. 9 out of 10 large, professional investors choose ishares for their etfs. introducing the ishares core, etfs for the heart of your portfolio. tax efficient and low cost building blocks to help you keep more of what you earn. call your advisor. visit ishares.com. ishares. yeah, ishares. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. >>> welcome back. what a nice election day rally today on our hands. that's not always the case. take a look at these other election day moves. >> let's do that, shall we? the headline is that election day the stock market rarely moves 1%, either up or down. rarely does. for example, back to 1992. this is when bill clinton was first elected. the market moved 0.67% that day. >> on the day. before we actually knew, though. >> this is the day of the election itself. this is the day we're living through right now in 2008. let's
i want to use the same stuff the big guys use. ishares. 9 out of 10 large, professional investors choose ishares for their etfs. introducing the ishares core, etfs for the heart of your portfolio. tax efficient and low cost building blocks to help you keep more of what you earn. call your advisor. visit ishares.com. ishares. yeah, ishares. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully...
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Nov 9, 2012
11/12
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joining us is stefan. thanks for joining us. how much can we discount hurricane sandy and how much might it be of benefit in terms of helping to harden rates? >> well, as far as it looks now, it's not really an event basically having a big influence on rates. we did have a lot of capital in the reinsurance industry and in that regard, plenty of capacity. so estimated 17 to 20 billion for insurance losses whether not really be enough to have a real impact on pricing. but i think psychologically, it will help to shape rates going forward and especially also next year into july with renewals in the u.s. and worldwide having a small positive impact. but generally the average reinsurance rate environment will not change based on sandy loss only. >> what's your take on the insurers generally speaking, do you like them as group, what are issues they need to face to see share outperformance? >> it will some quite some time to get some decent estimates. there's uncertainties in many regards and clearly estimates my tend upwards from the
joining us is stefan. thanks for joining us. how much can we discount hurricane sandy and how much might it be of benefit in terms of helping to harden rates? >> well, as far as it looks now, it's not really an event basically having a big influence on rates. we did have a lot of capital in the reinsurance industry and in that regard, plenty of capacity. so estimated 17 to 20 billion for insurance losses whether not really be enough to have a real impact on pricing. but i think...
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Nov 8, 2012
11/12
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>> man. >> it's all upon us. if you're already dreading spending all day with your extended family, fear not. walmart is coming to the rescue. it's announcing it's going to open its doors at 8:00 p.m. >> how is that going to fly with your family? >> who's going to watch football now? >> that's a four-hour head start for black friday. do we want this? courtney reagan joins us with the details. >> if retailers get their way, consumer shopping bags will be just as full as their bellies on thanksgiving this year. black friday is just 15 days away for most. though, walmart and sears, it's even sooner. they're beginning their black friday doorbusters on thursday at 8:00 p.m., two hours earlier than last year, and continuing the deals throughout the evening and weekend. sears shop your way members will be able to shop thanksgiving and black friday starting on sunday, november 18th. the christmas creep began last year, and it's likely here to stay. last year toys r us opened at 10:00. thanksgiving hours have proven popul
>> man. >> it's all upon us. if you're already dreading spending all day with your extended family, fear not. walmart is coming to the rescue. it's announcing it's going to open its doors at 8:00 p.m. >> how is that going to fly with your family? >> who's going to watch football now? >> that's a four-hour head start for black friday. do we want this? courtney reagan joins us with the details. >> if retailers get their way, consumer shopping bags will be just...
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409
Nov 21, 2012
11/12
by
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eye 409
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easy to use. it's the ultimate combination of speed, small size, and low-cost printing. >>> take a look at hewlett-packard today. making a slight comeback, up 2.5% after yesterday's double-digit loss. the debacle, of course, after the company announced an $8.8 billion write down to the ill advised autonomy acquisition. in the last year, the stock is down better than 50%. >> yeah, but we're not finished. since mark hurd was forced out as ceo due to what was deemed as an inappropriate relationship, that stock is down over 70%. the missteps for hp since then have been historic and costly for them, all of them famously covered on this program. in fact, we put together some of the low lights. take a look. >> we've got breaking news from hewlett-packard on mark hurd. we have to get right to john fortt. >> we are hearing that hp ceo mark hurd is resigning. >> we are covering a developing story here on the "closing bell," which just happened in the last 20 minutes or so. hewlett-packard naming a new ceo a
easy to use. it's the ultimate combination of speed, small size, and low-cost printing. >>> take a look at hewlett-packard today. making a slight comeback, up 2.5% after yesterday's double-digit loss. the debacle, of course, after the company announced an $8.8 billion write down to the ill advised autonomy acquisition. in the last year, the stock is down better than 50%. >> yeah, but we're not finished. since mark hurd was forced out as ceo due to what was deemed as an...
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98
Nov 6, 2012
11/12
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our meteorologist todd gross is joining us. tell us what is likely to happen. >> the problem is not that it's going to snow in some spots, it's where it's going to snow. i will's explain that in a moment. there it is finally formed, of course, the computer maps tell us it will be there and actually there moving up the coastline, you can see the radar and satellite, so you are actually seeing it form right now let's check out how it will look tomorrow though as it moves up the eastern seaboard tomorrow, we will see an area of rain, heavy rain and gusty winds spread forward from washington, d.c. through new york city and up to boston. the worst being around the new jersey shoreline and especially long island out to cape cod. then tomorrow night you can the situation changes and here's where it gets really dice i is it was supposed to snow inland over the mountains. it now looks like a more compact area around the suburbs. western connecticut, other areas under the gun here. wouldn't you know it the areas just getting back on thei
our meteorologist todd gross is joining us. tell us what is likely to happen. >> the problem is not that it's going to snow in some spots, it's where it's going to snow. i will's explain that in a moment. there it is finally formed, of course, the computer maps tell us it will be there and actually there moving up the coastline, you can see the radar and satellite, so you are actually seeing it form right now let's check out how it will look tomorrow though as it moves up the eastern...
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Nov 8, 2012
11/12
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stay with us. ♪ [ female announcer ] today is not just about who lives in the white house, it's about who lives in the yellow house, the brick, the green, and the apartment house, too. today we not only honor the oval office, but we honor the cubicle, the open-air office and the home office as well. ♪ today is not just about who rides in air force one, it's about who rides in the 4 door sedan, the 2 door hatchback and the v8 muscle car. ♪ because today it's about all of us. and no matter who you are, or where you live, you're the commander-in-chief of your own life. and that's something that will never change. ♪ >>> all right. the dow down about 450 points since yesterday. should investors expect more losses ahead or do we see a bounce-back tomorrow? our next guests are here to tell you what will move your money tomorrow morning. paul christopher from wells fargo advisers and samuel coffin from morey harris. peter, 30 seconds on the clock. what do you want to look at? >> tomorrow morning at
stay with us. ♪ [ female announcer ] today is not just about who lives in the white house, it's about who lives in the yellow house, the brick, the green, and the apartment house, too. today we not only honor the oval office, but we honor the cubicle, the open-air office and the home office as well. ♪ today is not just about who rides in air force one, it's about who rides in the 4 door sedan, the 2 door hatchback and the v8 muscle car. ♪ because today it's about all of us. and no matter...
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Nov 30, 2012
11/12
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those days are gladly behind us. i suspect the toll tells a story that it goes down the fiscal cliff monday. every day is fiscal cliff tuesday, wednesday, thursday. you get the picture. anyway, you should pull the trigger here to buy it here if the fiscal cliff does what i'm afraid of. brown foreman reports wednesday. this is an interesting one. why? because goldman downgraded it to sell. just last night. i've seen this movie. they were wrong last time. they'll be wrong again. i'm going to bet them a bottle of jack daniels that will be the case. in fact i'll bet them a case of jack daniels that will be the case. if they're close, as we told you we like asina. and i would be willing to be a buyer of that niche retailer ahead of this quarter because of some merger gains i think we'll hear about. but again only on news of setbacks to the fiscal cliff talks. we're not going to go in and buy anything these days. you'll get some representative congressman, senator come on say you stupid idiot. you bought stock and i'm talk
those days are gladly behind us. i suspect the toll tells a story that it goes down the fiscal cliff monday. every day is fiscal cliff tuesday, wednesday, thursday. you get the picture. anyway, you should pull the trigger here to buy it here if the fiscal cliff does what i'm afraid of. brown foreman reports wednesday. this is an interesting one. why? because goldman downgraded it to sell. just last night. i've seen this movie. they were wrong last time. they'll be wrong again. i'm going to bet...
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Nov 21, 2012
11/12
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john harwood joins us now. john, what can you tell us? the white house had a lot at stake here by sending hillary clinton to try to get this resolved. >> reporter: absolutely. and this is the result that president obama had in mind when he sent hillary clinton from that asian trip that he was on to try to broker a cease-fire. but it's only a cease-fire. it is only one step. there is a long way to go. the administration of course is caught between support for our traditional ally israel, but also the desire for -- by the administration to improve its ties throughout the arab world and the islamic world and this has been a very difficult situation. the president hasn't been all that engaged after an early attempt early in his administration to broker a middle east peace deal. now he's back in it with both feet and we'll see the prospects for getting it done. this has frustrated american presidents offense a very long period of time but you simply -- the administration did not want to risk the geopolitical and potential economic fallout from
john harwood joins us now. john, what can you tell us? the white house had a lot at stake here by sending hillary clinton to try to get this resolved. >> reporter: absolutely. and this is the result that president obama had in mind when he sent hillary clinton from that asian trip that he was on to try to broker a cease-fire. but it's only a cease-fire. it is only one step. there is a long way to go. the administration of course is caught between support for our traditional ally israel,...
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Nov 8, 2012
11/12
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this is a big moment, use know. upon what does it mean for investors and how should we be trading around this transition in china? >> this is tightly organized theaters just like conventions are here in the u.s. no party hats or streamers or bloorngs but it's really a similar show for the media. the real negotiations happen behind closed doors and most of them as much as a month or more than a month ago. in china, the thing to know is that decisions like these are made by consensus among a group of people that number in the hundreds and not in the single digit which is means it's an average of a bunch of opinions which means it's quite stable relative to a personality-driven election like in the u.s. there are three factions in play in china right now. the the hu and wen factions worked through the provinces to become leaders and they're the reformers. the second group is the jiang zemin group and jiang was the president before hu who left in 2002. he was widely viewed that on his death bed he's made a resurgence an
this is a big moment, use know. upon what does it mean for investors and how should we be trading around this transition in china? >> this is tightly organized theaters just like conventions are here in the u.s. no party hats or streamers or bloorngs but it's really a similar show for the media. the real negotiations happen behind closed doors and most of them as much as a month or more than a month ago. in china, the thing to know is that decisions like these are made by consensus among...
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Nov 8, 2012
11/12
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at least, nobody said it to us. introducing the business smart inkjet all-in-one series from brother. easy to use, it's the ultimate combination of speed, small size, and low-cost printing. >>> today's "return on retirement." here are the ten worst states to retire to in 2012. michigan came in at the bottom. ranking particularly low on climate and economic factors. for more on retirement, go to retirement.cnbc.com. >>> we know you love it so we bring it to you every single day. street talk time with bank of america at the top of the list. bouncing back a bit after yesterday's sell-off. >> it is up 2.5%. here's why. isi upgrading it to a buy. they raised their one-year target to $18 from $12. my friends, that is almost a double from here. three reasons for the upgrade. one, capital ratios built back up. two, they believe cost savings will be realized. three, they think b of a getting their arms and everything else -- lawyers perhaps -- around the mortgage buyback risk. >> how is it always the lawyers win no matter th
at least, nobody said it to us. introducing the business smart inkjet all-in-one series from brother. easy to use, it's the ultimate combination of speed, small size, and low-cost printing. >>> today's "return on retirement." here are the ten worst states to retire to in 2012. michigan came in at the bottom. ranking particularly low on climate and economic factors. for more on retirement, go to retirement.cnbc.com. >>> we know you love it so we bring it to you every...
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Nov 7, 2012
11/12
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because today it's about all of us. and no matter who you are, you're the commander-in-chief of your own life. ♪ >>> with the exception of a couple of gold mining stocks, nearly everything is down today. concerns about the fiscal cliff putting pressure on defense names going over it would, of course, triggermaner to cuts in defense spending. northrup grummond, raytheon, lockheed martin, general dynamics, all lower. >>> we know the president has been tough on wall street. but now wall street is going to have to deal with the very tough elizabeth warren in the senate. but are investors overreacting? jim paulson is still with us, matt mccormick, a bank analyst. jim, overreaction on the financials? >> i think so. the point i'd like to make about the fiscal cliff is that i think congress, the president, everyone, investors included, should step back and realize in the last two years, last few years of gridlock, how much the fiscal issues in this country have improved. yes, improved. we had a 10.4% deficit at the worst. the
because today it's about all of us. and no matter who you are, you're the commander-in-chief of your own life. ♪ >>> with the exception of a couple of gold mining stocks, nearly everything is down today. concerns about the fiscal cliff putting pressure on defense names going over it would, of course, triggermaner to cuts in defense spending. northrup grummond, raytheon, lockheed martin, general dynamics, all lower. >>> we know the president has been tough on wall street. but...
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Nov 1, 2012
11/12
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dan, stay with us. we'll be back with you in just a second. >> no signs of any real pick up from japan's consumer giant in their latest earnings. still battling a stubbornly strong yen, weak demand. sony numbers all missed market expectations. market cap 120 billion, this year worth only $11 billion. >> ouch. >> how the mighty can fall. >> and panasonic trading at it lowest level since 1978. so really a lot of trouble in the japanese tech sector. sharp lost more than $3 billion in its latest quarter despite being profitable a year earlier. still sharp's president admits the company will turn to profit helped by massive job cuts and the sale of overseas assets. >> and still to come, big lines at gas stations in the u.s. hit by sandy. we'll discuss the outlook for prices with a guest who says shortages will continue for several days in the hardest hit areas. >>> plenty of focus on energy today. weaker prices taking their toll on shell. posting a 15% drop in its third quarter profit following a fall in pri
dan, stay with us. we'll be back with you in just a second. >> no signs of any real pick up from japan's consumer giant in their latest earnings. still battling a stubbornly strong yen, weak demand. sony numbers all missed market expectations. market cap 120 billion, this year worth only $11 billion. >> ouch. >> how the mighty can fall. >> and panasonic trading at it lowest level since 1978. so really a lot of trouble in the japanese tech sector. sharp lost more than $3...
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Nov 7, 2012
11/12
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our abundant natural gas is already saving us money, producing cleaner electricity, putting us to work here in america and supporting wind and solar. though all energy development comes with some risk, we're committed to safely and responsibly producing natural gas. it's not a dream. america's natural gas... putting us in control of our energy future, now. is an awesome place to be. introducing the all-new 2013 chevrolet malibu eco. ♪ sophisticated new styling, the fuel-saving intelligence of eassist, 37 mpg highway, and up to 580 highway miles on a single tank of gas. ♪ the all-new 2013 chevrolet malibu eco. ♪ it has everything to put you in the malibu state of mind no matter what state you live in. ♪ >>> welcome back to "fast money halftime report." we have hmos that have returned to facing more regulation even in the medicaid space they are likely to take up a lot more business if obama care does move forward. take a look at hospitals. hospitals were under pressure. today they are rallying because they do face better reimbursement but the interesting thing is, they do face a
our abundant natural gas is already saving us money, producing cleaner electricity, putting us to work here in america and supporting wind and solar. though all energy development comes with some risk, we're committed to safely and responsibly producing natural gas. it's not a dream. america's natural gas... putting us in control of our energy future, now. is an awesome place to be. introducing the all-new 2013 chevrolet malibu eco. ♪ sophisticated new styling, the fuel-saving intelligence of...
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Nov 13, 2012
11/12
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but that doesn't stop us from looking for ideas on "mad money." yes, we have an entirely man made crisis. one that could not only cause a huge wave of firings and curtail retail spending dramatically, but it's also driving people out of a stock market where individual companies are giving you positives that would normally provide a tremendous backdrop to a higher market. you know there was a time when some good news over multiple sectors would produce a bountiful bull. yes, where enough good things occurred with individual companies that the sum total would produce overall gains in many stocks. we used to call this pin action. now we get nothing. no spillover. the one pin gets knocked down. and nothing else falls with it. let me just go over some of the good news, some of the knocked down one pins just today that are being obscured by this darn cliff walk. let me show you what you might have missed and will continue to miss until president obama convenes all the leaders of congress and sends them to camp david to hammer out an agreement in time fo
but that doesn't stop us from looking for ideas on "mad money." yes, we have an entirely man made crisis. one that could not only cause a huge wave of firings and curtail retail spending dramatically, but it's also driving people out of a stock market where individual companies are giving you positives that would normally provide a tremendous backdrop to a higher market. you know there was a time when some good news over multiple sectors would produce a bountiful bull. yes, where...
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Nov 29, 2012
11/12
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easy to use. it's the ultimate combination of speed, small size, and low-cost printing. >>> go ahead man citing a variety of benefits for the january introduction of the blackberry operating system. dare i say, this is march of the penguins. >> yeah, it is, we have seen the stock which you know we have reported on many times, heavily shorted. a lot of this move has been short covering. suddenly they're saying maybe there's more value than the intellectual property. in gold man's case, they're saying now it has a $3 billion value. previously theirest mate was just cash and ip. now you have $3 billion because you think blackberry is going to do well. >> it's in 50, it's in test labs right now with the phone companies. >> but they fired a lot of people, everyone wants an alternative. it still has a big installed base, very large in indonesia. >> jakarta, huge move. >> this is very positive, and i come back and say that this was written off for dead, i look at the green mountain coffee trade, i have b
easy to use. it's the ultimate combination of speed, small size, and low-cost printing. >>> go ahead man citing a variety of benefits for the january introduction of the blackberry operating system. dare i say, this is march of the penguins. >> yeah, it is, we have seen the stock which you know we have reported on many times, heavily shorted. a lot of this move has been short covering. suddenly they're saying maybe there's more value than the intellectual property. in gold man's...
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Nov 12, 2012
11/12
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they came back and offered us and provided us great financial prosperity. we believe these returns veterans can do the same thing. we need to look to them not only in the short term for the markets right now, but our future going forward. hey, listen. most of these people joined the military. they volunteered after we were attacked on september 11th. after war started. that tells you all you need to know about them. and you've go -- i'm telling you that they coming back can enhance any operation. you guys are all traders back there. you tell me that's not a great trade to bring in some of these people into your organization. >> yeah, no. i would think so. chance, you would figure that some of the skills that the military men and women learn out in the arena, so to speak, translate fairly well in the financial services industry. certainly discipline does. >> yeah, no, absolutely right. leadership. a lot of these men and women have been in stressful environments having leadership positions that translate very well into the financial services arena. discipline
they came back and offered us and provided us great financial prosperity. we believe these returns veterans can do the same thing. we need to look to them not only in the short term for the markets right now, but our future going forward. hey, listen. most of these people joined the military. they volunteered after we were attacked on september 11th. after war started. that tells you all you need to know about them. and you've go -- i'm telling you that they coming back can enhance any...
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Nov 6, 2012
11/12
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good to have you with us. how do we counter claims that romney is better for the investor class and better for wall street? >> good afternoon. good afternoon to my friend anthony. >> that means the hammer is coming down. >> harold is in an undisclosed location feeling bad about the election. go ahead. >> two things. first, the big issues, two big concerns for the markets and for leaders on the front and wall street and main street. what happens? how do we address it? and the foreign policy issues for the next m re-elected or an elected president. you have iran, israel, the situation in east china sea. you have syria which will be a backdrop for anyone. naturally exploration of the bush tax cuts as they are called. sequestration and the payroll tax cuts and so forth. what's clear from the campaign, the first debate made clear by both candidates. both understand revenue has to with a part of any long term deal. the wealthiest americans should not anticipate a reduced tax burden if elected. president obama has go
good to have you with us. how do we counter claims that romney is better for the investor class and better for wall street? >> good afternoon. good afternoon to my friend anthony. >> that means the hammer is coming down. >> harold is in an undisclosed location feeling bad about the election. go ahead. >> two things. first, the big issues, two big concerns for the markets and for leaders on the front and wall street and main street. what happens? how do we address it? and...
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Nov 13, 2012
11/12
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just tell us what the rules are going to be. tell us what the rates are going to be. then let's move on. let's move from going to an unknown to a known. that's ultimately what i think the market cares about. >> so how much of the selling that we've seen is a reaction or an anticipation to let me sell my winners now because the tax will be much more next year? >> i think there's certainly an element to that, but i think also it's the overall uncertainty that's playing into it. when we talk to our clients, we're really saying, look, take a longer term view and let's think about the fundamentals. this, too, will pass. >> curt, you're looking at mortgage mortgage-backed securities. is that right? >> we're looking at the fiscal cliff being the big risk. we have to keep in mind the mark has been selling off since the fed implemented qe-3. we have to keep in mind there's a bunch of different forces. we're looking a little better today because we're refocusing on earnings, which is a good sign. it's the reason why the market is up 10% this year. we agree the fiscal cliff is u
just tell us what the rules are going to be. tell us what the rates are going to be. then let's move on. let's move from going to an unknown to a known. that's ultimately what i think the market cares about. >> so how much of the selling that we've seen is a reaction or an anticipation to let me sell my winners now because the tax will be much more next year? >> i think there's certainly an element to that, but i think also it's the overall uncertainty that's playing into it. when...
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Nov 9, 2012
11/12
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because today it's about all of us. and no matter who you are, you're the commander-in-chief of your own life. ♪ >>> welcome back to "the kudlow report." so the republican party just suffered its second straight loss to barack obama. even lost ground to senate democrats. amidst all the disappointment i think the real question is, what does the gop stand for? and where does the party go from here? so let's talk. we have cnbc contributor, jim of the american enterprise institute. jennifer ruben, author of "washington post" right turn blog. and strategist ed rogers. there's a lot of answers to this. i want to say one thing. republicans ought to stick to their economic free market principles. tax reform, entitlement reform and so forth. don't sound like democrats. whatever. stay like republicans. they believe in markets, not big government. >> they should believe in markets and not big government. they also should not believe in crony capitalism. you know, there's been a lot of talk that they need to, you know, reach out
because today it's about all of us. and no matter who you are, you're the commander-in-chief of your own life. ♪ >>> welcome back to "the kudlow report." so the republican party just suffered its second straight loss to barack obama. even lost ground to senate democrats. amidst all the disappointment i think the real question is, what does the gop stand for? and where does the party go from here? so let's talk. we have cnbc contributor, jim of the american enterprise...
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Nov 19, 2012
11/12
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easy to use. it's the ultimate combination of speed, small size, and low-cost printing. . >>> walmart, the latest company to move its dividend up, pay it early to avoid big tax hikes triggered by the fiscal cliff maybe. brian shactman has details. >> by now you know the drill f we go off the cliff, tax rates on dividends could swing from 58% to 40%. that possibility enough for a lot of companies to issue special dividends or move up payout dates, which is what walmart announced. instead of paying out early in 2013 the 40-cent dividend will be payable on september 27th. they said they did it because they recognized there were complex fiscal and federal tax rate issues that may not be resolved in the next few weeks. you might recall casino magnet steve wynn announced a special dividend, before the election. goldman sachs wrote about this early in the fall, actually naming wynn as a candidate for this. they also noted it's more common for these things in q4. goldman didn't just nail it on wynn, they
easy to use. it's the ultimate combination of speed, small size, and low-cost printing. . >>> walmart, the latest company to move its dividend up, pay it early to avoid big tax hikes triggered by the fiscal cliff maybe. brian shactman has details. >> by now you know the drill f we go off the cliff, tax rates on dividends could swing from 58% to 40%. that possibility enough for a lot of companies to issue special dividends or move up payout dates, which is what walmart announced....
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Nov 29, 2012
11/12
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easy to use. it's the ultimate combination of speed, small size, and low-cost printing. ♪ ♪ [ male announcer ] 'tis the season to discover the kid in all of us. the memories that last, start with the gifts that last. ♪ enjoy free shipping and great values on your holiday shopping from l.l.bean.
easy to use. it's the ultimate combination of speed, small size, and low-cost printing. ♪ ♪ [ male announcer ] 'tis the season to discover the kid in all of us. the memories that last, start with the gifts that last. ♪ enjoy free shipping and great values on your holiday shopping from l.l.bean.
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Nov 19, 2012
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easy to use. it's the ultimate combination of speed, small size, and low-cost printing. >>> the middle east in turmoil. israel continues air strikes in gaza as rocket attacks target tel aviv. we'll ask what instability in the region means to the global markets. >>> calling all budget geeks. a self-professed one joins "squawk" to explain the real story behind the fiscal cliff, fact versus fiction and why every american needs to be worried. >>> we welcome jack of all trades, steve case has built companies from the ground up and advised presidents on everything from jobs to innovation. today he's our guest host as the final hour of "squawk box" begins right now. >> welcome back to "squawk box" here on cnbc, first in business worldwide, i'm joe kernen along with becky quick and andrew ross sorkin. our guest host this hour is steve case, a lot to discuss with steve this morning. we've had a little love fest already. first though he's going to give me some land in hawaii, i can't believe that. you are o
easy to use. it's the ultimate combination of speed, small size, and low-cost printing. >>> the middle east in turmoil. israel continues air strikes in gaza as rocket attacks target tel aviv. we'll ask what instability in the region means to the global markets. >>> calling all budget geeks. a self-professed one joins "squawk" to explain the real story behind the fiscal cliff, fact versus fiction and why every american needs to be worried. >>> we welcome jack...
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Nov 14, 2012
11/12
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that does it for us. let's get back to headquarters, w wapner and "phat money halftime yt ". >>> it is thus far a down day on wall street. dow industrials down by 50 points. here's what we're following on the "half" today. new coke. we're talking -- we're not talking the soft drink but america's most loved stock. is apple becoming more like the real thing? about face. facebook symptom surges even as millions of shares hit the market. is the expiration of the biggest lock-up your signal to buy? first our top story, locked out. when president obama meets with several of the nation's most influential ceos at the white house today to discuss the fiscal cliff and the economy, not a single banking boss would be in attendance. not jamie dimon, not lloyd blank fine. no one. how is it that wall street has no representation in wall street today when the fiscal cliff is by far the issue that matters most to the markets. >> thanks for inviting me on. >> if the president was looking for a better relationship with wall
that does it for us. let's get back to headquarters, w wapner and "phat money halftime yt ". >>> it is thus far a down day on wall street. dow industrials down by 50 points. here's what we're following on the "half" today. new coke. we're talking -- we're not talking the soft drink but america's most loved stock. is apple becoming more like the real thing? about face. facebook symptom surges even as millions of shares hit the market. is the expiration of the biggest...
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Nov 7, 2012
11/12
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e-mail us. you the tweet us or direct to kelly. that's going to be just another subject for debate. let's remind you, everybody, where we stand with the results at the moment. >> that's right. we'll get into the treasury secretary discussion in a little bit, too. stick around for that one. in the meantime, i just want to draw your attention to this little state right here. yes, ladies and gentlemen, it's ohio and it's blue this morning. one of the key reasons why this race has gone to president obama, you can see the delegate count, the latest from nbc. 206 for mitt romney to obama's 303. the one to watch all of this, our own phil lebeau is joining us from -- i'm sorry, phil, you're in chicago. what am i talking about? he's at president obama's campaign headquarters in chicago. but, phil, ohio is one of the reasons why president obama was able to deliver that victory speech earlier today. >> absolutely, kelly. it's the midwest fire wall that we've heard so much about. the president was counting on victories in ohio, wisconsin, iowa. he got those. and in fact, when he declared victor
e-mail us. you the tweet us or direct to kelly. that's going to be just another subject for debate. let's remind you, everybody, where we stand with the results at the moment. >> that's right. we'll get into the treasury secretary discussion in a little bit, too. stick around for that one. in the meantime, i just want to draw your attention to this little state right here. yes, ladies and gentlemen, it's ohio and it's blue this morning. one of the key reasons why this race has gone to...
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Nov 27, 2012
11/12
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tell us what's happening? >> richard williamson, long-time am employee, more than a decades, reports out he has been let go by apple, that he was in charge of apple maps which clearly was a bit of a fiasco. ceo tim cook apologized for those. eddie cue, who is in charge of apple's services, taking the reins. not so sure all this can be attributed to maps. i have calls into am. they have not confirmed this officialism williamson is a software engineer by training, at next, was as scott forestall, not sure this is just about plans. i will bring you more when i have t. >> look forward to it very much, jon. thank you. >>> let the daydreaming commence, the powerball jackpot is now $500 million. that's $500 million. cnbc's wealth ed tore robert frank is here with advice for the future winner. you got your ticket she is in >> not yet, sue, but countless stories on the web today what people could buy with their $500 million from diamond tiaras to ferraris to private jumbo jets. we wanted smarter advice what the whipper
tell us what's happening? >> richard williamson, long-time am employee, more than a decades, reports out he has been let go by apple, that he was in charge of apple maps which clearly was a bit of a fiasco. ceo tim cook apologized for those. eddie cue, who is in charge of apple's services, taking the reins. not so sure all this can be attributed to maps. i have calls into am. they have not confirmed this officialism williamson is a software engineer by training, at next, was as scott...
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Nov 5, 2012
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sandy clearly is an opportunity for us to use our equipment, our expertise and our talent just to be able to come back and help people get back up and running again. but ultimately won't offset all that but it does give us opportunity to be able to work with our customers, build that reputation and trust and help them grow their companies later. >> so you really need to see municipal budgets improve and you need to see europe improve in order for the main part of your business to get on the right track? >> well, you've got emerging markets. emerging markets are growing substantially. so a big focus of our attention is in the emerging market as well as even with public utilities, bringing their operating costs down, bringing energy-efficient solutions allow them to bring their cost downs so they can invest in the other areas. so we're focused obviously in how we can help them operate in a more efficient way. so it's not just moving water. it's treating and it's testing, and we all know the quality of water has been a key opportunity for us. >> gretchen, thank you so much for coming by
sandy clearly is an opportunity for us to use our equipment, our expertise and our talent just to be able to come back and help people get back up and running again. but ultimately won't offset all that but it does give us opportunity to be able to work with our customers, build that reputation and trust and help them grow their companies later. >> so you really need to see municipal budgets improve and you need to see europe improve in order for the main part of your business to get on...
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Nov 7, 2012
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jonathan, start us out. i think you have a question for the senator on the fiscal cliff issue. >> hello, senator. one of the -- >> hello. >> -- questions that i'm hearing from investors is a timing issue. there's so much to work through between now and year end. how much are we going to be able to address now and how much are we going to have to push off into next year and what might the process be to resolve some of those from kind of a timing perspective? >> well, it certainly would be very constructive if we could get some of these things solved now rather than deal next year. for instance, some of my colleagues in the senate think we should go over the cliff and then maybe go back and lower some tax rates back down to where they were prior to the cliff. i for one think that's a terrible idea. i think we ought to extend the current tax rates in their entirety and work through some pro-growth tax reform. we've tried to suggest this. at any time get too much progress on the other side. i'm just hoping now t
jonathan, start us out. i think you have a question for the senator on the fiscal cliff issue. >> hello, senator. one of the -- >> hello. >> -- questions that i'm hearing from investors is a timing issue. there's so much to work through between now and year end. how much are we going to be able to address now and how much are we going to have to push off into next year and what might the process be to resolve some of those from kind of a timing perspective? >> well, it...
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Nov 12, 2012
11/12
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joining us is peter bookvar. you've been writing a lot about the fiscal cliff and what it might mean down the road. first of all, do you think we've come to a solution and if not, what happens to the economy? >> well i think we come to a deal but there's this perception as long as you get a deal, everything is going to be fine. i'm of the opinion if you get a deal it's a bad one. in december the market will have its own dynamic and will cheer a deal but in 2013 we have to deal with the economic consequences of it. >> what is a bad deal, by that we don't tackle some of the entitlements, don't deal with the bigger fiscal abyss? >> the argument about just raising taxes on the higher income is a financial red herring when you have trillion-dollar deficits. it all comes down to the entitlements. you fix the entitlements, control the rate of spending and all of this goes away. the u.s. economy is barely growing 2%, europe is in a deep recession, so by raising taxes to any extent will send the u.s. economy into recessio
joining us is peter bookvar. you've been writing a lot about the fiscal cliff and what it might mean down the road. first of all, do you think we've come to a solution and if not, what happens to the economy? >> well i think we come to a deal but there's this perception as long as you get a deal, everything is going to be fine. i'm of the opinion if you get a deal it's a bad one. in december the market will have its own dynamic and will cheer a deal but in 2013 we have to deal with the...
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Nov 30, 2012
11/12
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easy to use. it's the ultimate combination of speed, small size, and low-cost printing. [ female announcer ] today, it's not just about who lives in the white house, it's about who lives in the yellow house, the green, and the apartment house, too. today we not only honor the oval office, but we honor the cubicle, and the home office as well. because today it's about all of us. and no matter who you are, you're the commander-in-chief of your own life. ♪ >>> all right. we want to listen to speaker boehner making comments right now on the fiscal cliff. >> small business owners are regular men and women from all backgrounds who in today's economy are facing challenges on a daily basis. the president's tax increase would be another crippling blow for them while doing little to nothing to solve the bigger problem here which is our national deficit and our national debt. this debt doesn't exist because we don't tax small businesses enough. it exists because washington continues to spend too much. rais
easy to use. it's the ultimate combination of speed, small size, and low-cost printing. [ female announcer ] today, it's not just about who lives in the white house, it's about who lives in the yellow house, the green, and the apartment house, too. today we not only honor the oval office, but we honor the cubicle, and the home office as well. because today it's about all of us. and no matter who you are, you're the commander-in-chief of your own life. ♪ >>> all right. we want to...
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Nov 5, 2012
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which brings us to carbon. there's a reason why romney brought this independence up front and center. it's something he can act on instantly. i think there's a huge gap between these two men when it comes to fossil fuels, but it's not easily seen. it takes some explaining. let me try. first, the president is very cagey about oil and gas. he's quick to take credit for finding more oil in this country. however, as romney puts it, obama is just a lucky beneficiary that will allow for more oil to be found and extracted from private lands. he hasn't been a friend of anything carbon. romney is -- and that means pipelines bring fuel into this country, even if it's considered dirtier. while the president did do a photo on in front of clean energy fuels, he hasn't ordered any branch of his government to switch the natural gas. it's within his right. without such an endorsement, the initiative has been warm. when the president spoke on this issue, he always emphasized it had to be from many sources. solar wind, not gas.
which brings us to carbon. there's a reason why romney brought this independence up front and center. it's something he can act on instantly. i think there's a huge gap between these two men when it comes to fossil fuels, but it's not easily seen. it takes some explaining. let me try. first, the president is very cagey about oil and gas. he's quick to take credit for finding more oil in this country. however, as romney puts it, obama is just a lucky beneficiary that will allow for more oil to...
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Nov 22, 2012
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joining us, chief european economist. ricar ricardo, thanks for joining us. so still a negative territory. what does this point to in terms of the economic decline for the fourth quarter? >> i think it's in line with the idea that real sgchlt dp will decline by at least 0.2%, possibly 0.3%. it will give us a negative entry point in 2013 when i expect an average growth of minus 0.2%. so still moderately recession territory. >> the german flash composite pmi 47.9, services 48, manufacturing 46.8, is germany -- we just saw the 0.2% print. is girl aermany going to have a negative contract? >> i'm looking for a contraction of minus 0.2. so only aed modest one. i expect activity will stabilize in q1 of next year, but obviously that requires a favorable external environment, meaning u.s. not going into this deep due to the fiscal cliff. and also signs of improvement in asia. >> meanwhile the french pmi says the survey there suggests a 0.7% gdp drop in quarter 4 for france. >> that seems quite large. we've seen in recent quarters numbers out of front which were highe
joining us, chief european economist. ricar ricardo, thanks for joining us. so still a negative territory. what does this point to in terms of the economic decline for the fourth quarter? >> i think it's in line with the idea that real sgchlt dp will decline by at least 0.2%, possibly 0.3%. it will give us a negative entry point in 2013 when i expect an average growth of minus 0.2%. so still moderately recession territory. >> the german flash composite pmi 47.9, services 48,...
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Nov 6, 2012
11/12
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i want to use the same stuff the big guys use. ishares. 9 out of 10 large, professional investors choose ishares for their etfs. introducing the ishares core, etfs for the heart of your portfolio. tax efficient and low cost building blocks to help you keep more of what you earn. call your advisor. visit ishares.com. ishares. yeah, ishares. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. tdd#: 1-800-345-2550 after that, it's on to germany. tdd#: 1-800-345-2550 then tonight, i'm trading 9500 miles away in japan. tdd#: 1-800-345-2550 with the new global account from schwab, tdd#: 1-800-345-2550 i hunt down opportunities around the world tdd#: 1-800-345-2550 as if i'm right there. tdd#: 1-800-345-2550 and i'm in total control because i can trade tdd#: 1-800-345-2550 directly online in 12 markets in their local currencies. tdd#: 1-800-345-2550 i use their global research to get an edge. tdd#: 1-800-345-2550 thei
i want to use the same stuff the big guys use. ishares. 9 out of 10 large, professional investors choose ishares for their etfs. introducing the ishares core, etfs for the heart of your portfolio. tax efficient and low cost building blocks to help you keep more of what you earn. call your advisor. visit ishares.com. ishares. yeah, ishares. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully...
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Nov 27, 2012
11/12
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not only can ross stores transcend the fiscal crevasse, it is a cheap stock used to what i'm used to it being. ross traded around $70 at the very end of the summer. now it's at $56 and change. it just vanished. down about 20% from its highs. in part, the stock got slammed along with everything else as people became worried about the economy as the fiscal cliff loomed closer and closer. beyond that, ross stores has been a victim of expectations. i always say guidance is more important, expectations is more important. when the company reported a week and a half ago on november 15th, investors were expecting them to beat and raise. why? because this company always beats and then always raises. >> house of pleasure. >> but they gave disappointing guidance for the fourth quarter. plus some analysts worry the company's same-store sales have now decelerated for two quarters in a row. these are legitimate worries. however, even after this quarter that many considered to be disappointing -- [ crying ] ross stores only sold off another point and a half and since then rebounded back to where it
not only can ross stores transcend the fiscal crevasse, it is a cheap stock used to what i'm used to it being. ross traded around $70 at the very end of the summer. now it's at $56 and change. it just vanished. down about 20% from its highs. in part, the stock got slammed along with everything else as people became worried about the economy as the fiscal cliff loomed closer and closer. beyond that, ross stores has been a victim of expectations. i always say guidance is more important,...
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Nov 15, 2012
11/12
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eunice has more for us this morning. it sounds like a pretty signature consolidation of power under xi. >> definitely is a consolidation of power. he'll get a very strong mandate as you had mentioned to run this country the way that he wants. he gets the three top titles, the most powerful are party chief, president as well as military commander. that is very significant because it allows him to have more control over his own agenda. when he went to meet the press this morning, he was looking very casual, looking a about folksy. when he was youtd lining the challenges ahead for the nation. >> our party faces many challenges and there are many pressing problems that need to be resolved. the problems among our party members of corruption, taking bribes, being out of touch with the people, undue emphasis on formalities must be addressed with great efforts. the whole party must be vigilant against them. >> the problem is, though, that it's still unclear how he's going to tackle all of those challenges and just how aggressive
eunice has more for us this morning. it sounds like a pretty signature consolidation of power under xi. >> definitely is a consolidation of power. he'll get a very strong mandate as you had mentioned to run this country the way that he wants. he gets the three top titles, the most powerful are party chief, president as well as military commander. that is very significant because it allows him to have more control over his own agenda. when he went to meet the press this morning, he was...
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Nov 13, 2012
11/12
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tom joins us on the "fast line." speak to speak with you. >> listened to your conversation about jcpenney. sometimes you're doing all the things that are theoretically correct and make sense, but takes a long time to get traction. and the question is, will the investors have enough patience until ron johnson gets there? i'm not so sure. >> in this environment, sotom, does it get to a point where sales are declining so much you're in this death spiral where you can't get the shoppers back because they've defected, gone elsewhere, whether in the stores or online. >> you know, i think there's a problem any time you try to transform your format. and this high/low kind of game is a crazy game, but unfirefight, there's a lot of people that look into it including a lot of their customers. there's a lot of conversation about what's going on on black friday and will people hit the sales earlier? there's nothing black about black friday. staples, our gross margins were the 30s and 40s. black friday they were near zero. the not
tom joins us on the "fast line." speak to speak with you. >> listened to your conversation about jcpenney. sometimes you're doing all the things that are theoretically correct and make sense, but takes a long time to get traction. and the question is, will the investors have enough patience until ron johnson gets there? i'm not so sure. >> in this environment, sotom, does it get to a point where sales are declining so much you're in this death spiral where you can't get...
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Nov 13, 2012
11/12
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he joins us now from new york. welcome. >> thank you. >> so as we're fighting it out on capitol hill, trying to figure out where to put our money, should we be looking overseas? >> we think overseas markets will do relatively well, not necessarily in the short-term. because i think everything's impacted by the uncertainty over the fiscal cliff, but we do expect global equities to do better next year. we've got gains of something like 10 to 15% from here. but clearly it does depend on the fiscal cliff being resolved, and hopefully the u.s. not falling into recession, which would happen, obviously, if the fiscal cliff was not resolved. >> of the so-called major emerging markets, the ones that we talk about on a regular basis, part of the brics, obviously, china is the only one on your list that you would say, put your money into now. why china? >> first of all, we think it's an extremely cheap market. it's done poorly this year, but it has started to recover in the last few weeks, modestly. most of the stocks that fo
he joins us now from new york. welcome. >> thank you. >> so as we're fighting it out on capitol hill, trying to figure out where to put our money, should we be looking overseas? >> we think overseas markets will do relatively well, not necessarily in the short-term. because i think everything's impacted by the uncertainty over the fiscal cliff, but we do expect global equities to do better next year. we've got gains of something like 10 to 15% from here. but clearly it does...
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Nov 13, 2012
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justin, thanks for joining us. first of all, this little spat on the two year extension, how much >> of course they're politicians and in jean claude's own words, different circumstances. they have to get reelected. christine lagarde is head of the imf and the imf needs to get the problem sorted out as quickly as possible regardless of political concerns. so you can see which way they're coming from here. as i say, the mnumber 120% is plucked out of the air. there already appears differences over what the current 2020 is, some are saying 14 #%. but reporting that some of the troy came members are saying this, others saying between 140 and 150. of course they do rely on quite a lot of assumptions about gross tax receipts and spending cuts. >> with a matters isn't the 2020 versus 2022 language. what they're implying is whether the official sector has to take. yesterday we heard smaghi say he thinks a maturity extension will happen. so is that going to extend to the official sector and does it have to in your view? >>
justin, thanks for joining us. first of all, this little spat on the two year extension, how much >> of course they're politicians and in jean claude's own words, different circumstances. they have to get reelected. christine lagarde is head of the imf and the imf needs to get the problem sorted out as quickly as possible regardless of political concerns. so you can see which way they're coming from here. as i say, the mnumber 120% is plucked out of the air. there already appears...
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Nov 13, 2012
11/12
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mark, thanks for joining us us. appreciate it. >> certainly. >> up next, more on the incredibly bizarre case of the tech millionaire wanted for murder in pell lease and his claim he airport gonna let the police take him. sfx- "sounds of african drum and flute" look who's back. again? it's embarrassing it's embarrassing! we can see you carl. we can totally see you. come on you're better than this...all that prowling around. yeah, you're the king of the jungle. have you thought about going vegan carl? hahaha!! you know folks who save hundreds of dollars by switching to geico sure are happy. how happy are they jimmy? happier than antelope with night-vision goggles. nice! get happy. get geico. fifteen minutes could save you fifteen percent or more. i always wait until the last minute. can i still ship a gift in time for christmas? yeah, sure you can. great. where's your gift? uh... whew. [ male announcer ] break from the holiday stress. ship fedex express by december 22nd for christmas delivery. >>> on closing bell, som
mark, thanks for joining us us. appreciate it. >> certainly. >> up next, more on the incredibly bizarre case of the tech millionaire wanted for murder in pell lease and his claim he airport gonna let the police take him. sfx- "sounds of african drum and flute" look who's back. again? it's embarrassing it's embarrassing! we can see you carl. we can totally see you. come on you're better than this...all that prowling around. yeah, you're the king of the jungle. have you...
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Nov 2, 2012
11/12
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that gives us a number to use for the job creation under president obama. i'm sure this will be part of the discussion. we added up the numbers. here they are under president obama. beginning in february '09, this is how republicans would look at it. 580,000. that's the right number, folks. another number out there is the wrong number. i talked to the senior in the division of labor statistics. some democrats say you can't blame obama for the first three months but it was a huge decline before any of his policies took over. $2.1 million would be the number. if you take that out. congress says forget about democrat or republican, what about the cycle from the beginning of president obama's term through the trough in jobs that was minus 3.2 million, from the trough we're now plus 4.3 million. the time period over obama's presidency, ss aboit is about a. it is up a tick. it began at 7.8%, but all the way up to 10%, then a slow halting ride down. don't think these numbers will change anybody's point of view when it comes to the election but those are the number
that gives us a number to use for the job creation under president obama. i'm sure this will be part of the discussion. we added up the numbers. here they are under president obama. beginning in february '09, this is how republicans would look at it. 580,000. that's the right number, folks. another number out there is the wrong number. i talked to the senior in the division of labor statistics. some democrats say you can't blame obama for the first three months but it was a huge decline before...
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Nov 1, 2012
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what that does for us, it puts us where consumers want to shop. more consumers want to buy natural and organic but they also want to do it in a convenient way. that gives us the best growth opportunity going forward. >> does the supermarket tell you we're going to move you over? are there slotting fees where you pay them to move over? it would seem to me that your presence in the supermarket is so much bigger than it was a year ago. >> it's grown a lot. we do pay slotting oftentimes when we go to a mainline aisle. it's one of the best return on investments that we can make, so we're happy to do it. the key is just convincing the chain and the people making the decisions that natural and organic is really not a fad. it's a very mainstream idea and this consumer that's attracted to natural and organic products is a really strong consumer. college-educated. great income. really loyal to stores that do a good job for them in this area. so we make that story and when we move over, we really drive category growth for the retailer. we drive more profit f
what that does for us, it puts us where consumers want to shop. more consumers want to buy natural and organic but they also want to do it in a convenient way. that gives us the best growth opportunity going forward. >> does the supermarket tell you we're going to move you over? are there slotting fees where you pay them to move over? it would seem to me that your presence in the supermarket is so much bigger than it was a year ago. >> it's grown a lot. we do pay slotting oftentimes...
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Nov 29, 2012
11/12
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in a "power lunch" exclusive, joining us today, belly's ceos join us. they sunk $10 million into belly earlier this year. gentlemen, welcome. nice to have you here. let me start with you, logan. because we've talked a lot about the lady deal sites in the show today and on cnbc. a number of them are starting to struggle and their stock prices are struggling as well. what makes your company belly different than the traditional sites that we've been talking about today? >> i think the daily deal industry really exploded based on providing discounts and coupons for people to find and discover new places. but with merchants, the sustainability really came into question when merchants know, small businesses know that 80% of their revenue is driven by 20% of their customers. so they started to really look for new solutions to help drive frequency, retention to create better relationships with their customers and ultimately drive loyalty. >> give me an example of what a reward would be for a typical customer. >> well, we try and focus on custom unique rewards f
in a "power lunch" exclusive, joining us today, belly's ceos join us. they sunk $10 million into belly earlier this year. gentlemen, welcome. nice to have you here. let me start with you, logan. because we've talked a lot about the lady deal sites in the show today and on cnbc. a number of them are starting to struggle and their stock prices are struggling as well. what makes your company belly different than the traditional sites that we've been talking about today? >> i think...